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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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.
The US Dollar fell, and stocks rose last week, boosted by increasing sentiment expecting earlier Fed rate cuts in 2024.
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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.
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.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of December 17th, 2023 here.
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The difference between success and failure in Forex / CFD trading is highly likely to depend on which assets you choose to trade each week and in which direction, and not on the methods you might use to determine trade entries and exits.
Day traders in the EUR/USD likely ran into a costly whipsaw last week if they continued to press ahead with buying positions, this while believing the currency pair had sold off too much and would have to reverse higher.
WTI Crude Oil fell to lower values that had last been seen in a sustained manner in June of 2023, this as the commodity touched 69.000 USD per barrel briefly on Thursday of last week.
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Sign up to get the latest market updates and free signals directly to your inbox.This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of December 10th, 2023 here.
The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.