Daily Forex Analysis and Forecast


EURUSD: increased risk of a trend line breakout
EURUSD: increased risk of a trend line breakout

Previous: On Monday the 15th of January, trading on the euro closed up. The euro jumped to 1.2297 on the back of a declining US dollar as well as remarks from ECB governing council ...

FxPro Forex Analysis: Japanese Yen Reaches Key Psychological Area Against the Dollar
FxPro Forex Analysis: Japanese Yen Reaches Key Psychological Area Against the Dollar

USDJPY found support ahead of 110.000 yesterday, with a low of 110.330. The area is a key psychological support for the pair finding buyers to reverse the recent bout of selling. A d...

Major pairs gain on USD weakness
Major pairs gain on USD weakness

The USD has taken another beating today on the charts as all the major pairs continued to dominate against the USD. This can be seen as a bit of a surprise given the positive CPI fig...

Mid-term trading idea: FX EURJPY - bull speculation: continuing on the idea from 06/11/17
Mid-term trading idea: FX EURJPY - bull speculation: continuing on the idea from 06/11/17

Trading opportunities on the currency pair: The price is moving according to plan. Buyers have overcome the resistance at 134.50 and reached their intermediate target of 136.00. Now,...

Short-term trading idea: FX NZDJPY - bull speculation: growth to the upper boundary of the sideways trend expected
Short-term trading idea: FX NZDJPY - bull speculation: growth to the upper boundary of the sideways trend expected

Trading opportunities on the currency pair: For several weeks in a row, the Kiwi dollar has been rising against both the US dollar and the Japanese yen. The price is approaching the ...

Despite expectations of further tightening, bruised dollar not finding support
Despite expectations of further tightening, bruised dollar not finding support

Many traders have been caught by surprise by the extent of the dollar’s decline over the last week. The USD index fell below 91 for the first time since January 2015, and Frida...

EURUSD: pair is overbought
EURUSD: pair is overbought

Previous: On Friday the 15th of January, trading on the euro closed up. After a breakout of the 1.2090 resistance, the single currency surged against the dollar to reach 1.2219. Thi...

FxPro Forex Analysis: FxPro Daily Outlook – January 15, 2018
FxPro Forex Analysis: FxPro Daily Outlook – January 15, 2018

Today is Martin Luther King’s Birthday, which is a Bank Holiday in the United States. As a result, the Economic Calendar is relatively light today. US Federal Reserve Bank of Boston...

Rents boost U.S. core CPI; retail sales rise solidly (news: 12/01/18)
Rents boost U.S. core CPI; retail sales rise solidly (news: 12/01/18)

Today's pressRents boost U.S. core CPI; retail sales rise solidly WASHINGTON (Reuters) - Underlying U.S. consumer prices recorded their largest increase in 11 months in December a...

Daily analytical report (12/01/18)
Daily analytical report (12/01/18)

Friday's calendar seems like the busiest so far in 2018. We should finally see some action on the fundamental side of the market. Today, later in the day, we’ll get the CPI and retai...

Will December’s US inflation report rescue the Dollar?
Will December’s US inflation report rescue the Dollar?

The Dollar sharply depreciated against a basket of major currencies on Friday after weaker-than-expected U.S. factory inflation data doused market optimism over inflation acceleratin...

EURUSD: price approaching the U3 line
EURUSD: price approaching the U3 line

Previous: On Wednesday the 10th of January, the euro jumped after a report from Bloomberg that China was preparing to either reduce or stop its purchases of US government bonds. The...

FxPro Forex Analysis: Fed’s Dudley ‘’Warns of Overheating Risks’’
FxPro Forex Analysis: Fed’s Dudley ‘’Warns of Overheating Risks’’

US FED’s William Dudley spoke on Thursday at the Securities Industry and Financial Markets Association in New York. “Over the longer term I am considerably more cautious about the ec...

Euro surges after ECB says could revisit policy message soon (news: 11/01/17)
Euro surges after ECB says could revisit policy message soon (news: 11/01/17)

Today's pressEuro surges after ECB says could revisit policy message soon LONDON (Reuters) - The euro jumped almost a cent on Thursday after the European Central Bank said it coul...

Bitcoin tumbles, Global shares steady
Bitcoin tumbles, Global shares steady

Bitcoin collapsed like a house of cards on Thursday with prices dipping below $13000, after South Korea announced its plan to ban cryptocurrency trading. The selling pressure was com...

Daily analytical report (11/01/18)
Daily analytical report (11/01/18)

USD underwent some turbulence yesterday, but it seems that the situation is now back on track. Gold is in a strong uptrend but we’re slowly seeing a bigger appetite for a bearish cor...

Fixed income markets to dominate FX & equities moves
Fixed income markets to dominate FX & equities moves

The outstanding performance for equities which sent many major indices to record highs may have just paused.Asian stocks were trading broadly lower on Thursday after Wall Street notc...

EURUSD: downwards trend continues
EURUSD: downwards trend continues

Previous: On Wednesday the 10th of January, trading on the euro closed slightly up after Bloomberg landed a blow on the dollar during the European session. The news agency reported ...

FxPro Forex Analysis: Markets Move on China News
FxPro Forex Analysis: Markets Move on China News

During yesterday’s trading session headlines broke that China would reduce or halt its purchase of US Treasuries. This set off moves in Currencies, Commodities, Bonds and Stock. Gold...

NAFTA rumours put pressure on CAD
NAFTA rumours put pressure on CAD

The USD has had a serious case of whip lash today across the major pairs after speculation was rife in the market that Trump would look to pull out of NAFTA in one of his press confe...


Daily Forex market review helps to predict the market's behavior

Daily Forex news, reviews and analysis represent a range of technical and statistical methods and conclusions, on the basis of which is possible to summarize, and even to forecast adequately, the market’s behavior. Daily Forex reviews are widely used both by common traders and experts of financial area, therewith they can cover different periods in duration. Trader should confront with facts all this information to get a clear picture of the market, that will simplify significantly trading activity.

Forex Daily Review - the Key to Objective Evaluation of Market Situation

Review and daily Forex analysis of the market takes a significant part of the working time of each trader, as without these actions any other movement within the market turn into a hopeless guessing. Since to cover the diversity of the daily Forex economic news and currency indexes is not possible, it is wise to focus on monitoring of some most important areas and indicators, comparing their behavior with news trends. It is useful also to select one or more authoritative sources that publish the daily Forex forecasts, to be able to compare your own calculations with the conclusions of professionals.

In order to evaluate objectively the situation that is developing on the Forex market, traders need to keep a constant monitoring of the economic climate and political situation in the most influential countries of the world. All factors could be useful, beginning with the macroeconomic statistics, which includes itself the various indicators and daily Forex rates, up to forecasting how is going to develop situation on the market in the future.

Now all of our users are provided not only with a detailed daily Forex reviews, but also the recommendations concerning the stock market together with the market multiples.

The Practical Value of the Daily Forex Analysis

Absolutely impossible to forecast accurately how the currency will behave itself in the near future. Such skills come only with the gained experience. However, the daily Forex reviews provided by the experts in the field will be an effective and reliable tool that will facilitate the adoption of correct and proper solutions. There are several gradations of forecasts to date. All of them are intended to simplify the trader’s everyday. Now you have a great choice of analytical instruments. You will be able to plan your trading strategy on the basis of daily Forex market rates and data provided by all the world's leading brokers on our site.

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