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Weekly Forex Forecast

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follow the latest news in forex from different sites most famous technicals /Adam Lemon by 2017-01-15 at 19:26

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Forex Forecast Pairs in Focus

Forex Forecast Pairs in Focus*/

– By: DailyForex.comThe difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits.Each week I am going to analyze fundamentals, sentiment and technical positions in order to determine which currency pairs are most likely to produce the easiest and most profitable trading opportunities over the next week.In some cases it will be trading the trend.

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Weekly Forex Forecast

Weekly Forex Forecast*/

– By: DailyForex.comEUR/USDThe EUR/USD pair had a bullish week, testing the 1.07 level.However, we cannot break above there yet, and I believe what we are going to do is continue to bounce around between the 1.05 level, and the 1.07 level.With this in mind, expect range bound trading, and I doubt that we will be able to hang onto a trade for more than 24 hours.

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Forex Forecast for EURUSD, GBPUSD, USDJPY, and USDCHF for 16-20 January

Forex Forecast for EURUSD, GBPUSD, USDJPY, and USDCHF for 16-20 January*/

– First, a review of last week’s forecast:- The behaviour of the pair did not deliver any surprises in the first half of the week.First, as predicted by graphical analysis, it attempted to climb to the height of 1.0650.Having almost reached the intended target (1.0627), the pair reversed and, following the forecast of most analysts, it began to descend to the 1.0350-1.0525 zone.

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