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 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.
WTI Crude Oil finished near the 74.350 USD price per barrel on Friday.
The GBP/USD was trading near the 1.26150 mark on Friday which may have set off alarm bells among cautious speculators, this as Tuesday’s and Wednesday’s highs above the 1.27000 level seemed as if they would vanish into the sunset.
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Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of December 3rd, 2023 here.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Trading in the EUR/USD produced a high last Tuesday not seen since the second week of August, but light holiday volume hit the currency pair later and the price range became rather tight again.
The US Dollar fell, and stocks rose last week, following the continuation of improved risk sentiment following lower than expected inflation rates likely to lead to more dovish central bank policies.
WTI Crude Oil kept a rather polite price range all of last week with only a few bursts of volatility, this as holiday trading volumes became thin and speculators watched.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of November 26th, 2023 here.
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This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
WTI Crude Oil speculators may have found a rather polite price range last week if they anticipated movements correctly, the week ahead has intriguing considerations on offer.
GBP/USD traders are likely anticipating a rather intriguing week ahead and may feel rather attracted to the potential of additional upside.
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Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of November 19th, 2023 here.
The US Dollar fell strongly this week, following lower than expected inflation data releases in the USA and the UK.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.