Weekly Forex Forecast – Weekly Forex Trading Analyses
Weekly Forex Forecast – Weekly Forex Trading Analyses
The EUR/USD enjoyed a solid month of climbs upwards for traders who were lurking with their bullish sentiment and now may feel stronger action if possible.
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.
WTI Crude Oil speculators may have found a rather polite price range last week if they anticipated movements correctly, the week ahead has intriguing considerations on offer.
GBP/USD traders are likely anticipating a rather intriguing week ahead and may feel rather attracted to the potential of additional upside.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of November 19th, 2023 here.
The US Dollar fell strongly this week, following lower than expected inflation data releases in the USA and the UK.
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 November 12th, 2023 here.
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.
WTI Crude Oil will begin its cash trading around the 77.290 mark this week.
The US Dollar and US Stock markets rose firmly, in a move which is not easily explained by fundamentals or sentiment.