Daily Forex Analysis and Forecast


This week: USDJPY is trying to break above 148
This week: USDJPY is trying to break above 148
USDJPY is threatening to break above the 148.0 psychologically-important level, amid broad-based US dollar strength. Bloomberg’s FX model forecasts a 73% chance of USDJPY tradi...
Can USDInd return to 2023 high closer to 106?
Can USDInd return to 2023 high closer to 106?
After Monday’s sell-off, which was the biggest in close to two months, the US dollar index has stabilised above 104.50. USDInd had found support recently around the 78.6% ...
EURUSD is heading for eight consecutive weeks of losses
EURUSD is heading for eight consecutive weeks of losses
The world’s most traded currency pair has had a nightmare summer. EUR/USD is heading for eight consecutive weeks of losses, which was last seen in 2014. The region’s econ...
Bullish momentum might be building
Bullish momentum might be building
Summary USDJPY breaking above 147.898 may send bullish signal Three potential targets identified If 144.360 support is broken, bullish scenario becomes invalid Rising tops and bottom...
This Week: USDCAD tests 21-preiod SMA
This Week: USDCAD tests 21-preiod SMA
The recent downbeat risk backdrop and failing Chinese economic recovery has hurt cyclical currencies like the loonie. It was the third worst performing major last month after the aus...
GBPCHF potential targets identified
GBPCHF potential targets identified
Summary GBPCHF breaking above 1.11748 may send bullish signal Three potential targets identified If 1.10442 support is broken, bullish scenario becomes invalid  Rising tops and ...
This Week: EURUSD ahead of European CPI
This Week: EURUSD ahead of European CPI
The world’s most-traded FX pair finds itself in its 3rd “correction” so far this year, now falling by more than 4% since its July 18th peak. However, EURUSD’s...
Dollar volatile ahead of Jackson Hole
Dollar volatile ahead of Jackson Hole
The greenback had a choppy session with the USD index breaking to the upside to post a fresh 2-month high on clear weakness in European FX after the release of soft PMI data. Focus h...
This week: EURUSD bulls are trying to recover
This week: EURUSD bulls are trying to recover
The world’s most popular major currency pair has held up relatively well recently. Serious worries about China’s recovery prospects mean both the region’s economic ...
This week: GBPUSD await UK CPI
This week: GBPUSD await UK CPI
“Cable” traders (“cable” is the nickname for GBPUSD) are sizing up the economic data out of either side of the pond, in the lead up to the Federal Reserve and...

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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