The Forex market is complicated, but your market analysis doesn’t need to be. .
We’ve combined Forex technical analysis and fundamental analysis into one comprehensive weekly Forex forecast so that traders can get a thorough understanding of the market without taking too much time away from their trading. Take a look at one of our featured currencies, or read our full weekly Forex forecast to get a picture of the market that you won’t find elsewhere.
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The first week of 2024 saw a strong market reversal in favor of risk-off assets such as the US Dollar, while stock markets fell quite sharply for most of the week.
The US Dollar fell, and stocks rose last week, boosted by continuing sentiment expecting earlier Fed rate cuts in 2024.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of January 1st, 2024 here.
WTI Crude Oil drifted lower during the last week of December, this as light trading volumes and a heightened sense of security helped ease risk adverse fears.
Traders who want to participate in GBP/USD positions this week need to understand Forex volumes will remain light early this week as the New Year begins.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Bullish speculators of the EUR/USD were rewarded last week as the currency pair reversed from lows early Monday and went into the weekend in sight of mid-term values.
WTI Crude Oil went into this long holiday weekend showing that it had the ability to maintain price values above the 73.000 USD level.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
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The US Dollar fell, and stocks rose last week, boosted by increasing sentiment expecting earlier Fed rate cuts in 2024.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of December 24th, 2023 here.
The US Dollar and stocks rose last week, while the Japanese Yen led the Forex market higher.
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Sign up to get the latest market updates and free signals directly to your inbox.After testing the 68.000 USD mark on Wednesday last week, WTI Crude Oil suddenly saw buying increase and the commodity finished Friday above the 72.000 USD via its cash price.
Day traders and financial institutions were treated to strong upwards momentum last week from the GBP/USD as its higher price range was tested and now must be considered.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.