JuliaFX

JuliaFX

First, an overview of last week’s forecast: The forecasts about GBP/USD’s sharp drop panned out 100%. The pair paused briefly at the lower boundary of the sideways channel – at 1.4360, broke through it and plunged to support at 1.4230. Then, trying to reach last February’s lows, it went even further down to 1.4080. Forecast for Upcoming Week Summing up the...

JuliaFX

First, an overview of last week’s forecast: Regarding EUR/USD, those 40% of the experts that predicted a fall were right. The forecast of graphical analysis on H4 also turned out correct, indicating that last week’s bottom would be around 1.1130. On Thursday, the pair almost reached this level, stopping at 1.1143. Forecast for Upcoming Week Summing up the...

JuliaFX

First, about last week’s forecast: The USD/CHF pair was supposed to go down to support at 0.9700, which happened. The pair even overdid it a bit – it dropped 50 points going down to 0.9650 and entered a sideways trend, carefully sticking to the 0.9700 area just as the analysts had said. Forecast for Upcoming Week Summarizing the views of several dozen analysts...

JuliaFX

First, about last week’s forecast: In the forecast for USD/JPY, the 50% of the experts supporting a fall turned out to be right. The pair did drop, made it to support at 111.00, as predicted by the experts, and finished the week at 111.52. Forecast for Upcoming Week Summarizing the views of several dozen analysts from leading banks and broker companies as well...

JuliaFX

First, about last week’s forecast: Although GBP/USD finally reached the forecast resistance level of 1.4500, it did so only after it dropped considerably, breaking through all the expected support levels and rebounding from a 1.4052 bottom. Forecast for Upcoming Week Summarizing the views of several dozen analysts from leading banks and broker companies as...

JuliaFX

First, about last week’s forecast: The forecast for EUR/USD proved 100% correct. The main support was set at 1.1080, and the suggested peak for the pair’s rise was at 1.1350. In fact, from Monday to Wednesday, the pair relied on support around 1.1060-1.1080, and then on the news from the USA, it moved up reaching 1.1342, as expected. Forecast for Upcoming Week...

JuliaFX

First, about last week’s forecast: For two weeks in a row, the experts insisted that USD/CHF should reach the 0.9800 support, which the pair finally did last Thursday. Forecast for This Week Summing up the views of several dozen analysts from leading banks and broker companies as well as the forecasts based on different methods of technical and graphical...

JuliaFX

First, about last week’s forecast: For USD/JPY, graphical analysis on H4 and the indicators on all timeframes pointed to a further sideways trend within a 113.00-114.50 range. In reality, the pair did continue to move in the horizontal channel, virtually repeating the scenario of the previous week. As a result, the amplitude of its fluctuations was slightly...

JuliaFX

First, about last week’s forecast: The forecast for GBP/USD provided by graphical analysis was the most precise – at the beginning of the week, the pair was supposed to be oscillating in the range from 1.4150 to 1.4250, then rise and reach 1.4375. All this happened for the most part – until Thursday, the pair moved in a 1.4132-1.4275 channel, then went up and...

JuliaFX

First, about last week’s forecast: The forecast for EUR/USD was unfolding more or less according to plan till the middle of Thursday – the pair first went down, then rebounded, set two boundaries of the corridor and entered a sideways trend. Specifically on 10 March, following the announcement about the ECB’s decision on interest rates, the pair fell to 1.0821...

JuliaFX

For starters, an overview of last week’s forecast: The experts suggested that on reaching the key level of 1.0000, USD/CHF would drop to 0.9800. Graphical analysis agreed elaborating that support could be 100 points higher and proved right – after going down, the pair never managed to drop below a 0.9880-0.9910 resistance zone. Forecast for Coming Week Most...

JuliaFX

For starters, an overview of last week’s forecast: The experts and the indicators were neutral in their forecasts for USD/JPY and were quite right. The pair finished the week exactly at the same level it had started from. With a little tolerance, graphical analysis was also correct setting the boundaries of the side channel as 112.55 and 114.50. Forecast for...

JuliaFX

For starters, an overview of last week’s forecast: As for GBP/USD, those 50% of the experts who had voted for the pair’s rise were right. Although, graphical analysis on H1 supporting them had underestimated the bulls’ power – the pair quickly turned resistance at 1.3910 into support, rebounded off it and got to resistance at 1.4248 by the end of the week. ...

JuliaFX

For starters, an overview of last week’s forecast: The forecast for EUR/USD can be counted as fulfilled. Executing the suggested monthly scenario, the pair first tried to break support at 1.0800, failed to do it and moved on to the weekly scenario. According to most experts’ predictions, the pair bounced upward and reached 1.1043 on Friday following the news from...

JuliaFX

First, a review of last week’s forecast: Graphical analysis on H4 and the indicators on H4 and D1 were right about USD/CHF moving in a sideways channel for some time. At the same time, in line with the general trend to regain its position above 1.0000, the pair made several attempts to break through the top boundary of the channel, and it was able to consolidate...

JuliaFX

First, a review of last week’s forecast: The forecast for USD/JPY panned out almost 100%. According to it, the pair was supposed to go down to support at 110.70, then shoot up to 112.55 and then even higher, ultimately targeting 115.00. In reality, the pair fell to 111.04, reversed upward, tested resistance at 112.55, broke through it on the second try, turning...

JuliaFX

First, a review of last week’s forecast: The prediction of 40% of the experts and graphical analysis that GBP/USD should bounce down from resistance at 1.4400 proved right. However, under the influence of the news about the UK’s EU membership referendum, instead of entering a sideways trend, the pair easily broke support at 1.4200 and crashed, finishing the week...

JuliaFX

First, a review of last week’s forecast: The vast majority of the analysts and graphical analysis on D1 predicted a fall for EUR/USD, which happened, and the pair shed more than 200 points during the week. Forecast for Coming Week Generalizing the opinions of several dozen analysts from leading banks and broker companies as well as forecasts based on various...