Daily Forex Analysis and Forecast


Wall Street opens at record after Abe election win (news: 23/10/17)
Wall Street opens at record after Abe election win (news: 23/10/17)

Today's pressWall Street opens at record after Abe election win (Reuters) - The three major Wall Street indexes opened at record highs on Monday as investors cheered the continuat...

Bitcoin hit 6,199 USD on Saturday
Bitcoin hit 6,199 USD on Saturday

On Saturday the 21st of October, bitcoin set a new all-time high, rising to 6,199 USD on the Hong Kong cryptocurrency exchange Bitfinex; the world’s biggest exchange, accounting for ...

EURUSD: correction expected via a new low
EURUSD: correction expected via a new low

Previous: On Friday the 20th of October, trading on the euro/dollar pair closed down. The dollar launched on attack on all fronts following the news that the US Senate had approved ...

Short-term trading idea FX AUD/NZD – bull speculation: buyers preparing to exit the weekly range
Short-term trading idea FX AUD/NZD – bull speculation: buyers preparing to exit the weekly range

Trading opportunities on the currency pair: The Kiwi dollar came under intense pressure following New Zealand’s parliamentary elections. The Aussie is expected to continue strengthen...

Short-term trading idea FX EUR/GBP - bear speculation: euro to drop to 0.8624
Short-term trading idea FX EUR/GBP - bear speculation: euro to drop to 0.8624

Trading opportunities on the currency pair: A double top has formed at the 50% level, which has strengthened the bearish engulfing candlestick pattern. Taking the bearish factors int...

Forex: Abenomics Continue Into 2021?
Forex: Abenomics Continue Into 2021?

Japanese Prime Minister Shinzo Abe’s party has won a resounding, albeit not surprising, victory in Japan’s election on Sunday. The victory will maintain Japan’s ultra-easy monetary p...

Key events to watch the week ahead
Key events to watch the week ahead

Who’s the next Fed Chair? The U.S. dollar and stocks made a fantastic run towards the end of last week after the Senate on Thursday voted to pass a budget resolution for 2018. ...

Trump tax cuts gain momentum as Rand Paul goes 'all in' (news: 20/10/17)
Trump tax cuts gain momentum as Rand Paul goes 'all in' (news: 20/10/17)

Today's pressTrump tax cuts gain momentum as Rand Paul goes 'all in' WASHINGTON (Reuters) - U.S. Republican senator Rand Paul on Friday appeared to back the Trump administration’s...

Dollar elevated by Trump tax hopes while Gold dips
Dollar elevated by Trump tax hopes while Gold dips

Global equity bulls were missing in action on Thursday, after weaker corporate earnings, soft economic data from China and heightened political drama in Spain encouraged investors to...

EURUSD: news from the US sinks buyers
EURUSD: news from the US sinks buyers

Previous: On Thursday the 19th of October, trading on the euro/dollar pair closed up. The British pound was not so fortunate. The main reason for the euro’s rise on the crosses was ...

Forex: US Jobless Claims Lowest Since 1973
Forex: US Jobless Claims Lowest Since 1973

On Thursday, the US Department of Labor released Initial Jobless Claims for the week ending October 13th that showed a resilient and stable labor market. Initial claims fell 22K to a...

NZD plummets on new government
NZD plummets on new government

The New Zealand dollar has been under the pump today as traders have been quick to sell of positions and short the NZDUSD after the recent government change. With a new left leaning ...

Spain to impose direct rule on Catalonia as deadline passes (news: 19/10/17)
Spain to impose direct rule on Catalonia as deadline passes (news: 19/10/17)

Today's pressSpain to impose direct rule on Catalonia as deadline passes The Spanish government is to suspend Catalonia’s autonomy and impose direct rule after the region’s presid...

How stable is bitcoin’s current price growth?
How stable is bitcoin’s current price growth?

There have been some very interesting developments on the crypto market as of late. On the 15th of October, bitcoin’s price rose to 5,950 USD on the Bitfinex exchange, which brought ...

How stable is bitcoin’s current price growth?
How stable is bitcoin’s current price growth?

There have been some very interesting developments on the crypto market as of late. On the 15th of October, bitcoin’s price rose to 5,950 USD on the Bitfinex exchange, which brought ...

Daily analytical report (19/10/17)
Daily analytical report (19/10/17)

The EURUSD pair, instead of creating a head and shoulders pattern, is trying to create a bullish flag formation. We are very close to creating a buy signal there. All that's needed a...

U.K. retail sales disappoint, Catalonia in focus
U.K. retail sales disappoint, Catalonia in focus

Sterling found itself under immediate selling pressure on Thursday morning, after British retail sales tumbled in September.U.K retail sales slumped -0.8% in September, dragging the ...

Bitcoin mining is becoming very energy-consuming
Bitcoin mining is becoming very energy-consuming

Bitcoin transactions require so much energy that the electricity used for just one trade is sometimes enough to power a private household for nearly a month. This is according to eco...

EURUSD: rate expected to fall by the end of the day
EURUSD: rate expected to fall by the end of the day

Previous: On Wednesday the 18th of October, trading on the euro/dollar pair closed up. After hitting a new weekly low, the price mounted a recovery to 1.1817 that extended into the ...

Forex: Bank of England Faces Conundrum
Forex: Bank of England Faces Conundrum

On Wednesday, data released by the UK Office for National Statistics (ONS) showed average weekly earnings (excluding bonuses) rose 2.1% in August – slightly higher than the 2% foreca...


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.