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.

USD Mixed into Mid-July

The USD has generally been in positive mode in July, rallying against the Dollar bloc (Canadian, Australian and New Zealand Dollars), a corrective rebound versus…

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AUDUSD Bear Tone

A slew of data from Australia on Wednesday, AIG Manufacturing Index, Building Approvals and Commodity Prices should impact the AUDUSD spot FX rate. From a…

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