In this section we present current forex market views including forecasts for all major currency pairs. The main analysis approach is technical analysis even though other principles will be used from time to time, anything to make the market analyses as accurate as possible.

Technical analysis is a way of predicting the future forex market movements based on previous market movement patterns and trends. From a Technical Analyst’s viewpoint all fundamental aspects are already a part of the previous market movements and therefor needs no special consideration. The main tool by witch to analyse the forex market is forex charts.

EURUSD More Bullish Setup

A resilient consolidation to start the week, after the rebound last week from support established at 1.1204/03 to push above 1.1380/86 to aim higher Tuesday and this…

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USDJPY Poised into FOMC

Wednesday see the June Federal Reserve Bank Meeting and the decision of the FOMC. With USDJPY setting back after the May bullish breakout, this leaves…

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GBPUSD Bull Theme

A push still higher Monday through  resistance at 1.5598 (as we had expected) after a firm rally late last week from ahead of our 1.5397 support to reinforce the firm…

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