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central bank

Forex Forecast: Pairs in Brief

Get Forex forecasts using fundamental, sentiment and technical position analysis for major pairs for the week of January 7, 2021 here.The difference between success and failure in Forex trading will most likely depend primarily on which…

A strong setback cannot be ruled out

It is likely that the pair will resume the downtrend this week.Bearish viewSet a sell stop at 36,000 and a take profit at 33,000.Add a stop-loss at 38,000.Lead time: 1-2 days.Bullish viewSet a buy-stop at 39,000 and a take-profit at…

Fading concerns – Forex action

Stock markets surge as Omicron's nervousness eases Another day another directional move in the markets regardless of the latest omicron stock. Following yesterday's news cues from South Africa that the new variant of Covid-19 may be…