Daily Forex Analysis and Forecast


EURUSD: bulls holding on at the 61.8% Fibo level
EURUSD: bulls holding on at the 61.8% Fibo level
On Tuesday the 7th of July, trading on the euro closed down. The single currency dropped by 0.32% against the dollar to reach 1.1273. At the beginning of the European session, the e...
Turnaround Tuesday folks
Turnaround Tuesday folks
After several of the ‘FAANGs’ made fresh record highs to kick off the week, so the risk pendulum has swung back again with US stocks opening softer on the day so far. The...
Yen under fire as risk appetite improves
Yen under fire as risk appetite improves
G10 currencies may bully the Japanese Yen this week as growing optimism over a swift economic recovery from the pandemic boost appetite for riskier assets at the expense of safe-have...
EURUSD: bears bringing the rate back to the balance line
EURUSD: bears bringing the rate back to the balance line
On Monday the 6th of July, trading on the euro closed up. The EURUSD pair rose by 0.58% to 1.1309. During the US session, the rate reached 1.1345. Markets were focused on the improve...
Steady Aussie ahead of RBA decision
Steady Aussie ahead of RBA decision
The Australian Dollar has strengthened against the US Dollar every single day so far in July, in the lead up to the Reserve Bank of Australia’s policy decision on Tuesday. The ...
Dollar stumbles, Euro surges while Gold shines
Dollar stumbles, Euro surges while Gold shines
The has Dollar stumbled into the new trading week with a nasty NFP hangover despite enjoying a holiday extended weekend.There is a strong sense of optimism in the air despite rising ...
Risk assets soar as coronavirus cases reach a new record
Risk assets soar as coronavirus cases reach a new record
Investors trying to find a negative correlation between stock market performance and Covid-19 infections are having a difficult time. There doesn’t seem to be one at the moment...
Renminbi surges following bull run on markets
Renminbi surges following bull run on markets
The Chinese yuan remained stable up until today, when USDCNH crashed 0.7% to 7.0140, the lows since March. This is the strongest intraday movement since December 2019.
EURUSD: Chinese stocks propped up the euro at open
EURUSD: Chinese stocks propped up the euro at open
On Friday the 3rd of July, US markets were closed for US Independence Day celebrations (4th of July). Because of this, market activity was much lower than usual. The EURUSD pair trad...
Asian stocks push higher, still within sideways trend
Asian stocks push higher, still within sideways trend
Asian stocks and US futures are climbing, even as the number of coronavirus cases worldwide nears 11.4 million. Over the weekend, the WHO reported a record one-day high in global inf...

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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