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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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 February 26th, 2022 here.
The EUR/USD hit a low of nearly 1.06140 this past Friday before seeing a slight reversal higher take place as the currency pair went into the weekend limping.
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On Tuesday this past week, the GBP/USD was happily moving higher as strong buying was being demonstrated, as financial houses and traders embraced the notion a weaker-than-expected U.S Consumer Price Index report would soon be published.
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.
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 February 19th, 2022 here.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of February 12th, 2022 here.
The GBP/USD traded slightly below the 1.19600 ratios last Tuesday and then began a reversal higher and came within the 1.21920 vicinities on Thursday.
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The EUR/USD touched its lowest values as it went into the weekend, after exhibiting a choppy range which saw Thursday’s move higher run into a strong reversal downward.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
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.
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Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of February 5th, 2022 here.
Speculative traders who enjoy volatility certainly found their objective in the EUR/USD last week.
After touching the 1.24000 vicinity in the middle of last week the GBP/USD managed to essentially destroy a lot of short term bullish optimism with one sword thrust on Friday.