• ABOUT US
  • CONTACT US
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
  • Write For Us
  • Sponsor Post
Alitech
  • Home
  • SiteMap
    • SiteMap post
    • SiteMap page
  • Categories
    • Freebrowsing
      • Mtn
      • Airtel
      • 9mobile
      • Glo
    • Tech Tips
      • Tech News
    • phone Reviews
    • Money Making Review
      • Make Money Online
  • Android Apps
  • Social Media
    • Whatsapp
  • Pages
    • ABOUT US
    • CONTACT US
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    • Alitech Advertisement And Sponsor Post Page 
  • PPSSPP
  • How to do’s
No Result
View All Result
  • Home
  • SiteMap
    • SiteMap post
    • SiteMap page
  • Categories
    • Freebrowsing
      • Mtn
      • Airtel
      • 9mobile
      • Glo
    • Tech Tips
      • Tech News
    • phone Reviews
    • Money Making Review
      • Make Money Online
  • Android Apps
  • Social Media
    • Whatsapp
  • Pages
    • ABOUT US
    • CONTACT US
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    • Alitech Advertisement And Sponsor Post Page 
  • PPSSPP
  • How to do’s
No Result
View All Result
Alitech
No Result
View All Result
Do You Want To Receive Update As Soon As We Publish?
Join Our Telegram Channel
Join Our Telegram Group
Home Make Money online

Which currency pairs will be most attractive in the second half of 2022?

Tue, 07 February 2023, 11:38 pm
Which currency pairs will be most attractive in the second half of 2022?
Share on FacebookShare on Twitter
Contents hide
1. AlsoRead
2. Thinking Caps: Earn Free Airtime Worth 3000 By Answering Quizzes
3. Hope Wallet: Earn N500 By Creating A PSB Wallet
4. Pillow Fund: Review, Earn $50 Or More From This App Repeatedly
5. Opera Wallet: Review, Earn Free $3 Celo From Opera Crypto Wallet
6. Summary

AlsoRead

Thinking Caps: Earn Free Airtime Worth 3000 By Answering Quizzes

Hope Wallet: Earn N500 By Creating A PSB Wallet

Pillow Fund: Review, Earn $50 Or More From This App Repeatedly 

Opera Wallet: Review, Earn Free $3 Celo From Opera Crypto Wallet

Load More

Forex markets have many opportunities in 2022. Last year was positive for the markets in general, as they witnessed a recovery from the aftermath of the pandemic. This year, however, it turns out that central banks, as well as investors, are facing another challenge: inflation. Energy and food prices are growing steadily, which could cause an economic slowdown. Under these circumstances, it might be wise to check the best trades during this year.

Below we will explore the major forex trading opportunities in 2022. Most of the suggested pairs have long-term rather than short-term opportunities. Thus, you need to ensure that your strategy is suitable before taking any of those trades.

  1. The Australian dollar against the American dollar, AUD/USD. Commodities are facing a slowdown. They typically do so in a rising interest rate environment. The Australian dollar is usually affected by commodity prices as well as risk sentiment, and both factors are pointing downwards. Fears of a recession are triggering a selloff in equities, revealing the risk-off sentiment. On the other side of the trade, the US dollar seems to be strong as the Fed is on a monetary tightening path and might be hiking interest rates even further. This sets the stage for a decline in AUDUSD. The technical signals confirm this as there is a break out of the horizontal support level.
  2. Euro against the Canadian dollar, EUR/CAD. Even though oil prices have spiked, they are currently showing signs that the upward momentum has weakened. This represents a bearish signal for the Canadian dollar, which has a relative correlation with oil prices (given that Canada is an oil-exporting country). On the other side of the trade, the Euro seems to be in a better place despite the challenges. A hawkish European Central Bank (ECB) means the Euro can strengthen from here. The technical signals on the weekly chart show that the pair might have reached a bottom. After a downtrend, the pair is consolidating, and it seems to be ready for a reversal to the upside.
  3. The Sterling Pound against the Canadian Dollar, GBP/CAD. After a long downtrend in the sterling against the Canadian dollar (due in part to the strength of the Canadian dollar), it seems that the trend is weakening. The bank of England is also like other central banks on a tightening path, and as a result, the pound might be strengthening soon. Technically, the pair also seems to have reached a bottom, at least a short or medium-term one, and it is changing direction.

Summary

The AUDUSD, EURCAD, and GBPCAD are showing promising signals and may offer good opportunities. Many other pairs can offer signals in shorter time frames, but you need to be sure about your strategy before trading them. No matter what the pair you choose is, make sure to manage risk well and diversify your holdings when needed.

Tags: currencytrading

Join Our Telegram Channel

Warning ⚠
Alitech Blog is now protected by COPYRIGHT LAW (DMCA) with Strictly high-priority response. Copying our Content without permission will cause your articles to be removed from search engines instantly and also the Ads will disappearance of Ads on that page if it was monetized with Adsense on Same page, So all you have to is to give us (Alitech blog) Credit back link from the Content you Copied.

Related Posts

Thinking Caps review
Make Money online

Thinking Caps: Earn Free Airtime Worth 3000 By Answering Quizzes

by Alitech
February 7, 2023
0

Here is another way that you can use to earn free airtime in 2033 which is offered by Thinking Caps,...

Read more

Hope Wallet: Earn N500 By Creating A PSB Wallet

Pillow Fund: Review, Earn $50 Or More From This App Repeatedly 

Opera Wallet: Review, Earn Free $3 Celo From Opera Crypto Wallet

FCMB Referral Program: Earn $30 (N15000) Weekly Or More

My Daily Cash: Earn Free PayPal Money (Up to $500 Or More) By Doing Some Easy Task

Earn up to 9000 ($25) weekly on Zap Surveys

Next Post
How to download and install QuickTime on Windows 11

How to download and install QuickTime on Windows 11 2022

Software Development

How To Mitigate Software Development Risks On Your Next Custom Project

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Airtel 105GB and 315GB

How to get Airtel 105GB in a month and 315GB in Three 3 months

February 14, 2022
How To Convert Airtime To Cash 2022 With Best Rate For All Network

How To Convert Airtime To Cash 2022 With Best Rate For All Network

November 16, 2022

Subscribe.

Get Alitech blog daily newsletter direct to your inbox, sign up now.

Join over 200K subscribers!

Trending.

Truckers of Europe 3 mod apk

Truckers of Europe 3 Mod Apk New Update Download v0.36.3 (Unlocked)

February 7, 2023
Trial Xtreme Legends Mod Apk

Trial Xtreme Legends Mod Apk Download v0.9.5 (Unlimited Money, Energy & Gems)

February 7, 2023
Thinking Caps review

Thinking Caps: Earn Free Airtime Worth 3000 By Answering Quizzes

February 7, 2023
Hope Bank wallet

Hope Wallet: Earn N500 By Creating A PSB Wallet

February 7, 2023
Youtubers Life 2 Apk

Youtubers Life 2 Mod Apk OBB v1.3.1025 Download (Unlimited Money)

February 7, 2023
Alitech

Home of Technology, Free browsing Tips, Phone Reviews, Tech Reviews And how to do

Follow Us

Newsletter

Get Alitech blog daily newsletter direct to your inbox, sign up now.

Join over 200K subscribers!

  • ABOUT US
  • CONTACT US
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
  • Write For Us
  • Sponsor Post

© 2023 Alitech - Home Of Technology & More Related Tips Alitech.

No Result
View All Result
  • Home
  • SiteMap
    • SiteMap post
    • SiteMap page
  • Categories
    • Freebrowsing
      • Mtn
      • Airtel
      • 9mobile
      • Glo
    • Tech Tips
      • Tech News
    • phone Reviews
    • Money Making Review
      • Make Money Online
  • Android Apps
  • Social Media
    • Whatsapp
  • Pages
    • ABOUT US
    • CONTACT US
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    • Alitech Advertisement And Sponsor Post Page 

© 2023 Alitech - Home Of Technology & More Related Tips Alitech.