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.
When starting the week, it is a good idea to look at the big picture of what is developing in the market as a whole, and how such developments and affected by macro fundamentals, technical factors, and market sentiment.
The EUR/USD sustained value last week and then experienced strong buying after the U.S Fed’s Meeting Minutes report was issued on Wednesday.
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The GBP/USD provided a whirlwind of gains late last week, as the currency pair responded to data and fiscal rhetoric with an additional bullish run.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of November 27th, 2022 here.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of November 20th, 2022 here.
The GBP/USD saw additional bullish price action develop the past handful of days, and enters this week having sustained a solid incremental move upwards.
Experienced traders know that contradictions flourish while pursuing their wagers in Forex and the EUR/USD may be about to deliver a rather intriguing mix of results this coming week.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
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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.
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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Sign up to get the latest market updates and free signals directly to your inbox.Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of November 6th, 2022 here.
The EUR/USD climbed above parity last week and sustained upwards momentum, this as the weekend came into sight while the Forex pair continued to challenge resistance.
The GBP/USD continued to march upwards last week as the currency pair has not only fought off lows, but has begun to come within sight of ‘accepted’ price equilibrium.