Weekly Forecast for EUR/USD: Bullish Trend Expected as US Data Disappoints

The EUR/USD currency pair has been on a bullish trend for the past few weeks, and this trend is expected...

The XAG/USD, or silver price, reached a four-week high on Monday, August 9th, before retreating due to the emergence of...

As the global economy continues to recover from the impact of the COVID-19 pandemic, investors and traders are keeping a...

The GBP/USD currency pair has reached a four-week high in the latest pound sterling price update and forecast. This is...

The NASDAQ index has achieved its seventh consecutive week of higher closures, according to reports from Forexlive. This is a...

Gmatrixs is a blockchain-based platform that is revolutionizing the gaming industry. The platform is designed to empower game developers to...

The Bank of Canada (BOC) surprised the market by raising its interest rates by 25 basis points to 1.25% in...

The US dollar has been on a downward trend in the forex market for quite some time now. The decline...

Bank of America (BoA) has recently released a report predicting weakness in the EUR/USD currency pair until the Federal Reserve’s...

Bank of America has recently released a report on the EUR/USD currency pair, predicting weakness in the euro against the...

The world of cryptocurrency has been growing at an unprecedented rate in recent years, with new coins and tokens being...

Market breadth is a term used to describe the overall health of a market. It refers to the number of...

On September 8th, 2021, the Bank of Canada (BoC) surprised the financial world by announcing a rate hike of 0.25%,...

The USD/CHF currency pair has experienced a strong jump from its 50-day Exponential Moving Average (EMA) and is now aiming...

The USD/CHF currency pair has been on an upward trend in recent weeks, with a significant increase from the 50-day...

MUFG, one of the largest banks in Japan, has recently predicted that there is limited potential for the USD/JPY to...

MUFG, one of the largest banks in Japan, has recently predicted that there is limited potential for the USD/JPY to...

The world of cryptocurrency is constantly evolving, with new projects and opportunities emerging all the time. One of the most...

The EUR/USD currency pair has been on a bearish trend for quite some time now, with the price hovering around...

The EUR/USD currency pair has been showing a bearish trend at the 1.07 level, indicating that the euro is weakening...

Forex trading is a complex and dynamic market that requires a deep understanding of the various factors that influence currency...

Traders of the NZD/USD currency pair are gearing up for a series of upcoming domestic data releases that could have...

Richard Clarida, the Vice Chairman of the Federal Reserve, recently stated that he does not expect a Fed blackout and...

The global economy is a complex system that is constantly changing and evolving. One of the key factors that can...

The price of gold has been on a steady rise in recent weeks, with XAU/USD surging past the $1,950 mark...

The Reserve Bank of Australia (RBA) is expected to increase the cash rate by 25 basis points (bp) due to...

The world of esports has been growing at an unprecedented rate in recent years, with millions of fans tuning in...

The world of esports has been growing at an unprecedented rate in recent years, with millions of fans tuning in...

Orbex Forex Trading Blog: A Preview of the Upcoming Week with a Focus on Risk-On Trading Strategies

The Orbex Forex Trading Blog is a valuable resource for traders looking to stay up-to-date on the latest market trends and trading strategies. In this preview of the upcoming week, the focus is on risk-on trading strategies, which are designed to take advantage of market conditions that favor higher-risk investments.

One of the key factors driving risk-on trading strategies is the ongoing economic recovery from the COVID-19 pandemic. As more countries reopen their economies and vaccination rates increase, investors are becoming more optimistic about the prospects for global growth. This has led to a shift in market sentiment, with investors increasingly willing to take on more risk in pursuit of higher returns.

One of the key indicators of risk-on sentiment is the performance of equity markets. In recent weeks, global stock markets have been on a tear, with many major indices hitting record highs. This has been driven by a combination of factors, including strong corporate earnings, low interest rates, and government stimulus measures.

Another factor driving risk-on sentiment is the weakness of the US dollar. As the world’s reserve currency, the US dollar is often seen as a safe haven asset in times of uncertainty. However, with the US Federal Reserve maintaining its accommodative monetary policy stance and inflation expectations rising, investors are increasingly looking for alternative currencies to park their money.

In this context, one potential trading strategy for the upcoming week is to focus on high-yielding currencies such as the Australian dollar and the New Zealand dollar. These currencies are often seen as proxies for global growth, and tend to perform well in risk-on environments.

Another potential strategy is to look for opportunities in emerging market currencies. These currencies are often more volatile than their developed market counterparts, but can offer higher returns for investors willing to take on more risk. Some emerging market currencies to watch in the coming week include the Brazilian real, the South African rand, and the Turkish lira.

Of course, as with any trading strategy, there are risks involved. Market conditions can change quickly, and unexpected events such as geopolitical tensions or natural disasters can disrupt even the most carefully crafted trading plans. As always, it’s important for traders to stay informed, stay disciplined, and manage their risk appropriately.

Overall, the Orbex Forex Trading Blog provides a valuable resource for traders looking to stay ahead of the curve in the fast-moving world of forex trading. By focusing on risk-on trading strategies in the upcoming week, traders can position themselves to take advantage of the current market environment and potentially generate higher returns.

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