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Market Outlook – 11 Aug 2018

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Market Outlook – 11 Aug 2018

Trade war has been the most dominating factor of the forex market last few days. The effect might be complicated or it may be straight forward to guess. So let us look at the Correlation Insight Heat map analysis.

Firstly market is strong bearish. For this reason, in our ranking table, we will be looking at the biggest bearish mover in our attention.

GBPJPY (-295.6 pips) and GBPUSD (-229.9 pips)  are two biggest bearish mover this week. Without too much explanation, it is very obvious that JPY and USD are strong. Rest of them currency pairs are following exactly like this. If you do not have the correlation insight heat map yet. Just download this free version from this link:

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