The Forex market is complicated, but your market analysis doesn’t need to be.
We’ve combined Forex technical analysis and fundamental analysis into one comprehensive weekly Forex forecast so that traders can get a thorough understanding of the market without taking too much time away from their trading. Take a look at one of our featured currencies, or read our full weekly Forex forecast to get a picture of the market that you won’t find elsewhere.
A concise weekly look at major markets, covering key levels and trends across forex, commodities, crypto, and indices with potential breakout signals.
Stock markets and the US Dollar lost ground last week against a backdrop of increasing nervousness about tech overvaluation and an increase in the perceived probability that the Fed will cut rates next week.
The EUR/USD went into this weekend near the 1.15638 ratio, this after producing a solid reversal higher after hitting lows around 1.14675 on Wednesday.
WTI Crude Oil has gone into this weekend within lower values once again and closed Friday’s trading via futures around the 59.495 ratio.
Weekly market overview: key forex pairs, gold, oil, Bitcoin, and natural gas show mixed trends and volatility.
Stock markets in Asia have continued to rise strongly, while US stocks have lost some bullish momentum. The US Dollar has a new bullish trend which is moving the Forex market.
Financial institutions were given a difficult reminder this past Wednesday that the U.S Federal Reserve cannot be counted on for dovish insights quite yet, the GBP/USD went into this weekend near the 1.31486 ratio.
After showing speculative signs of being able to challenge higher terrain one week before, WTI Crude Oil has returned to its known price lower price realm rather comfortably.
Get the latest weekly forecast for major markets including USD/CAD, EUR/GBP, Gold, NASDAQ 100, and Oil. See key trends and trading levels.
The EUR/USD went into this weekend near the 1.16265 ratio, this after touching the 1.16500 vicinity briefly on Friday in the aftermath of the U.S CPI numbers being released.
Stock markets in Asia and the USA have powered to new highs on lower than expected US inflation data and expectations of a US rate cut and trade deal with China coming this week.
After starting last week below 57.000 USD, WTI Crude Oil found itself above the 62.000 ratio on Friday before going into the weekend, and now day traders have suspicious speculative activity to contemplate.
Explore major market trends this week—gold, oil, silver, NASDAQ, and forex pairs. Key insights into price action and volatility.
The GBP/USD went into this weekend near the 1.34238, which a rather solid bullish improvement compared to the low seen on Tuesday the 14th of October when the currency pair was near the 1.32500 vicinity.
Last week saw the continuation of existing bullish trends until the end of the week, when several precious metals came crashing down, although Gold and the US stock market held up and remain relatively bullish.
