First, a review of last week’s forecast: The forecast for USD/CHF panned out – a further upward trend with the target of 0.9800, which happened Friday night. The pair was just 4 points short of it, making it to 0.9796. Forecast for Coming Week Summarizing the views of several dozen analysts from leading banks and broker companies as well as forecasts based on...
First, a review of last week’s forecast: The forecast for USD/JPY was fulfilled 100% . It was suggested that as a result of the upward rebound that began 11 April, the pair should reach at least 111.00 over the past week. Only last Friday, though, the pair soared, broke through the resistance of 111.00 with a mighty heave and stopped at 111.76. Forecast for...
First, a review of last week’s forecast: Despite the fact that most analysts predicted that GBP/USD would gravitate toward last February’s lows, the pair fulfilled the forecast of the remaining 15% of the analysts and went to the upper boundary of the side channel of 1.4050-1.4450, within which it has been moving for the sixth weeks in a row. Forecast for...
First, a review of last week’s forecast: D1 and W1 charts show that EUR/USD continues to move within the ascending channel that started last December. As expected by 50% of the analysts and graphical analysis on H4 and D1, the pair aimed at the upper boundary of the channel right from the start of the week, quickly reached resistance at 1.1350 and then went down...
Overview of Last Week’s Forecast The forecast for USD/CHF panned out. At last, the long-awaited bounce off the 0.9500 support happened, and the pair went on to break through resistance at 0.9650, turn it into support and wrap up the week at 0.9680. Forecast for Coming Week Summing up the opinions of several dozen analysts from world leading banks and broker...
Overview of Last Week’s Forecast Graphical analysis proved right about USD/JPY’s possible surge upward. In fact, the pair went up but that movement was more sluggish than expected, and the momentum fizzled out after 200 points at 109.70. Forecast for Coming Week Summing up the opinions of several dozen analysts from world leading banks and broker companies as...
Overview of Last Week’s Forecast The one third of the experts were correct saying that GBP/USD would not go beyond the boundaries of March’s side channel of 1.4050-1.4450. With that, the pair narrowed the range of its fluctuations even more, keeping within 1.4090-1.4350. Forecast for Coming Week Summing up the opinions of several dozen analysts from world...
Overview of Last Week’s Forecast EUR/USD was predicted to move down to the central line of the ascending channel that started to form last December and is now clearly visible on W1. The pair did drop sharply but didn’t reach the target of 1.1135. Instead, it stalled at support 1.1250. Forecast for Coming Week Summing up the opinions of several dozen analysts...
First, a review of last week’s forecast: The USD/CHF pair demonstrated a sluggish sideways trend, making minor fluctuations around a 0.9570 pivot point. Forecast for Upcoming Week Summarizing the opinions of several dozen analysts from leading banks and broker companies and forecasts based on different methods of technical and graphical analysis, the...
First, a review of last week’s forecast: The predictions for USD/JPY turned out incorrect. The pair reached the 110.70 support very fast but then, spurred by economic news from Japan, easily broke through it and went further down, finishing the week around 108.00; Forecast for Upcoming Week Summarizing the opinions of several dozen analysts from leading banks...
First, a review of last week’s forecast: The forecast that GBP/USD will be moving towards last February’s lows is starting to pan out. Last Wednesday, the pair sharply reached 1.4000 but, as expected, it quickly returned to the sideways channel in which it has been moving for the last three weeks. Forecast for Upcoming Week Summarizing the opinions of several...
First, a review of last week’s forecast: The forecast for EUR/USD suggested that the battle line for the bulls and the bears would be drawn at 1.1400. However, the fact that they were actually equal in force was a surprise. As a result, neither of them could gain the upper hand and the week started and ended at the same level of 1.1400. Forecast for Upcoming...
Overview of last week’s predictions: USD/CHF moved in an unexpected manner. Instead of a rise, it broke through support at 0.9650 and fell by another 60 points, ending the week at 0.9587. Upcoming Week Summarizing the views of several dozen analysts from world leading banks and companies as well as forecasts based on different methods of technical and...
Overview of last week’s predictions: Technical analysis on H4 pointed to USD/JPY moving within a 112.30-113.50 range while D1 showed a wider range of 110.70-114.00 with gradual consolidation around support. The pair completed the week right in-between – it bounced off resistance at 113.80, moved down and stopped at 111.60. Upcoming Week Summarizing the views...
Overview of last week’s predictions: All of March GBP/USD performed large-scale fluctuations, which perplexed many analysts. Last week, the pair acted in a similar way – first, it rose by 340 points and then dropped by 290 points. Upcoming Week Summarizing the views of several dozen analysts from world leading banks and companies as well as forecasts based on...
Overview of last week’s predictions: In the previous forecast, 55% of the experts insisted that EUR/USD should rise and transition into 1.1340-1.1470, and they were right. On Friday, the pair went up to 1.1438, bounced down to support at 1.1335 and stopped almost in the middle of this range – at 1.1392. Upcoming Week Summarizing the views of several dozen...
First, an overview of last week’s forecast: The USD/CHF pair was predicted to rise to 0.9850. The pair was just short of it when it got to 0.9786 on Friday. Thus, this forecast can be considered as fulfilled at least by 90%. Forecast for Upcoming Week Summing up the opinions of several dozen analysts from world leading banks and broker companies and forecasts...
First, an overview of last week’s forecast: The analysts and graphical analysis claimed that USD/JPY had reached its bottom and therefore should bounce upwards to 113.00, which happened. The pair wrapped up the week at 113.03. Forecast for Upcoming Week Summing up the opinions of several dozen analysts from world leading banks and broker companies and...