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.
Most Recent
The GBP/USD pair retreated for four consecutive weeks.
The EUR/USD exchange rate was stuck in a consolidation phase last week.
Get the weekly Forex forecast for major currency pairs for the week of August 12-17, 2024 here.
Top Forex Brokers
The GBP/USD went into the weekend near the 1.27993 level, after touching a low around the 1.27075 earlier on Friday.
WTI Crude Oil has gone into the weekend near its lows for the week and past month.
Last week saw strong and dramatic moves in the market, primarily in the Forex market, with the Japanese Yen advancing by more than 5%, and the US Dollar tumbling after a dovish tilt from the Federal Reserve.
Get the weekly Forex forecast for major currency pairs for the week of August 05-10, 2024 here.
Last week saw a very strongly bullish move in the Japanese Yen, while major stock market indices saw strong selloffs linked to profit-taking against a backdrop of
Get the weekly Forex forecast for major currency pairs for the week of July 29- August 03, 2024 here.
Bonuses & Promotions
Last week, market sentiment was sour, and stocks fell quite strongly, especially in the USA. Analysts saw strong and heavy rotation following higher perceived odds of a Trump presidency, while the US dollar strengthened into an area of key resistance.
WTI crude oil price continued its downward trend that started on July 5th and settled at $78.57, its lowest point since June 17th.
The EUR/USD started last week in an upbeat tone as hopes of Federal Reserve interest rate cuts rose.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
Get the weekly Forex forecast for major currency pairs for the week of July 22-27, 2024 here.
Get our Weekly Forex Forecast Insights.
Following the long holiday weekend in the U.S, speculators returned to the WTI Crude Oil market and trading incrementally produced lower prices starting last Monday.