Current Sentiment around Metals seems to be bearish as Silver and Gold are trend down slowly.Price remains to be in range as support remains to be intact.
For Intraday Traders expect Metals to test recent support levels and break of these levels can provide further opportunity of Short.
Outlook – Metals Sideways with Short Bias…Continue
USD gained strength against major pairs in start of European session but significantly reduced it gain over the rest of European and NY sessions. Currently USD is coming up with mixed sentiments around it.
Outlook – Mix sentiments…Continue
USD pairs were mostly sideways as price action remained within a range. Overall sentiment around USD indicates a weakening Dollar. At current price it is expected that major pairs will remain within range with bias towards weak USD.
Outlook – USD Neutral to Weak…Continue
USD pairs were most sideways as price action remain within a range. After some strong moves earlier in the week , market seem to have lost the momentum. Considering current price action expect more of sideways move giving opportunity for both buys and sells.
Outlook – USD Neutral to Strong…Continue