GBP/USD traders are likely anticipating a rather intriguing week ahead and may feel rather attracted to the potential of additional upside.
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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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Pairs in Focus This Week – GBP/USD, EUR/USD, USD/CAD, NASDAQ 100, USD/CHF, Gold, Bitcoin, Nikkei 225
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of November 19th, 2023 here.
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The US Dollar fell strongly this week, following lower than expected inflation data releases in the USA and the UK.
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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 November 12th, 2023 here.
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The EUR/USD was trading near a high of almost 1.07575 on Monday of last week which touched a high last seen on the 13th of September.
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WTI Crude Oil will begin its cash trading around the 77.290 mark this week.
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The US Dollar and US Stock markets rose firmly, in a move which is not easily explained by fundamentals or sentiment.
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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 enjoyed a good week of results for speculative buyers who enjoyed less volatility, durable support and a dose of risk appetite emerging.
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WTI Crude Oil went into the weekend below the 81.000 USD level in the cash and most forward futures CFDs (contracts).
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Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of November 11th, 2023 here.
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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.
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Stock markets fell this week on expectations of higher US rates, and fears that the war between Hamas and Israel will widen into a full-scale conflict involving other actors, potentially including the USA.
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