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.
Weekly Forex Forecast – Weekly Forex Trading Analyses
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Weekly Forex Forecast – Weekly Forex Trading Analyses
The difference between success and failure in Forex / CFD trading is highly likely to depend on which assets you choose to trade each week and in which direction, and not on the methods you might use to determine trade entries and exits.
Day traders in the EUR/USD likely ran into a costly whipsaw last week if they continued to press ahead with buying positions, this while believing the currency pair had sold off too much and would have to reverse higher.
WTI Crude Oil fell to lower values that had last been seen in a sustained manner in June of 2023, this as the commodity touched 69.000 USD per barrel briefly on Thursday of last week.
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 December 10th, 2023 here.
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.
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.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.