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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Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of September 24th, 2023 here.
A more hawkish than expected forecast by the US Federal Reserve concerning interest rates has sent the US Dollar higher, stocks lower, and most risky assets have either sold off or failed to rally significantly. However, a few commodities are still enjoying bull markets.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
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Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of September 17th, 2023 here.
The decline within the EUR/USD continued last week and the 1.07000 level has been penetrated, as USD strength remains abundant.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of September 10th, 2023 here.
The growing consensus that the Fed is done with rate hikes due to US economic data beginning to show a more convincing economic cooling has been called into question, with analysts concerned the US economy is still hot, which would be evidenced by a firm increase in short-term inflation in data to be released this week.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
The growing consensus that the Fed is done with rate hikes due to US economic data beginning to show a more convincing economic cooling, risk assets are enjoying a rise, while relative strength in the US Dollar persists.
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The EUR/USD went into this weekend once again testing new lows, and bullish traders who have been pursuing upwards momentum continue to be treated with tough conditions.
The GBP/USD went into the weekend within sight of its low for the week, as nervous trading remained abundant, setting up the potential of an intriguing week ahead.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
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The GBP/USD touched the 1.28000 mark early this week, but went into the weekend below the 1.26000 ratio in a rather volatile handful of days for speculators.
The EUR/USD went lower again last week which may have sounded alarm bells among surprised traders, but perspective is needed.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of August 27th, 2023 here.