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 the weekend near the 86.066 USD price as the commodity continued to find buyers.
The EUR/USD ended the week of trading near the 1.08360 mark after a rather brisk five days of trading which provided rather hectic results.
Get the weekly Forex forecast for major currency pairs for the week of April 07-13, 2024 here.
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Risky assets remain bullish despite a minor bid in the US Dollar, with commodity markets seeing the most interesting developments as Gold and Cocoa power to record high prices.
Traders expecting a sudden wave of buying to emerge in the GBP/USD and for the 1.27000 level to become a safe haven for the currency pair had their hopes crushed again the past week.
Crude Oil gathered force and reversed higher on Wednesday after hitting lows around the 80.330 ratio on earlier in the day.
Weekly Pairs in Focus: Fluctuations in AUD/USD, DAX, GBP pairs; Gold strong.
WTI Crude Oil will start this week of trading slightly below its starting point on last Monday.
Trading in the EUR/USD like all other major currency pairs teamed against the USD has been difficult the past month.
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Get the weekly Forex forecast for major currency pairs for the week of March 25-30, 2024 here.
Forex Forecast: Focus on NASDAQ, S&P 500, Bitcoin, Gold.
The U.S and global production is solid, but the price of WTI has been showing a steady flirtation with higher prices since early February.
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The currency pair experienced a week of downwards momentum for the most part.
Silver, oil up; Forex mixed; Bitcoin, NASDAQ volatile.
Short Content - Get the weekly Forex forecast for major currency pairs for the week of March 11-16, 2024 here.