First, a review of the previous week : The bulls’ timid attempts to push USD/CHF upwards were unsuccessful, and on Thursday, the pair reached the low around 0.9500, as predicted by the experts, and stayed there until the end of the week. Forecast for the coming week. Summarizing the views of several dozen analysts from world leading banks and broker companies...
First, a review of the previous week: The GBP/USD pair was predicted to first hit the bottom around 1.5250 and then to spike up at least to resistance at 1.5450, which took place. Although some adjustments were made by inertia – in its fall, GBP/USD made it to 1.5200 but then quickly returned to the indicated support level of 1.5250. The maximum turned out to be...
First, a review of the previous week: Last week, it seemed impossible to give any forecast regarding USD/JPY as 33% of the experts voted for a rise, 33% for a sideways trend and 33% for a downward movement. The latter proved correct, though the fall was short-term and soon the pair returned to the main support of the past two months. Forecast for the coming...
First, a review of the previous week: The forecast for EUR/USD can be considered as fulfilled by 99%. The predictions were as follows: the pair bounces off the upper boundary of the weekly ascending channel, goes to its bottom boundary and, bouncing back up, reaches September’s high. This actually happened, although the pair didn’t quite reach the very bottom of...
Summing up the views of several dozen analysts from leading banks and broker companies and forecasts based on different methods of technical and graphical analysis, the following can be said about USD/CHF: 90% of the analysts believe that the pair will hold in a 0.9540-0.9750 sideways corridor. This forecast is elaborated by graphical analysis on D1: USD/CHF...
Summing up the views of several dozen analysts from leading banks and broker companies and forecasts based on different methods of technical and graphical analysis, the following can be put forward: a seven-week pennant on the USD/JPY chart leaves both analysts and all the tools of technical analysis puzzled. Nonetheless, 33% of the analysts as well as indicators...
Summing up the views of several dozen analysts from leading banks and broker companies and forecasts based on different methods of technical and graphical analysis, the following can be said about GBP/USD: About 70% of the analysts and indicators on H4 and D1 insist the pair will rise at least to 1.5450 resistance. At the same time, graphical analysis on H1 and H4...
Summing up the views of several dozen analysts from leading banks and broker companies and forecasts based on different methods of technical and graphical analysis, the following can be put forward regarding EUR/USD: 67% of the analysts agree with the indicators that the pair will reach September’s high of 1.1460. Now the pair is at the upper boundary of the...