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Forex analytical forecast for EURUSD, NZDUSD, AUDUSD and oil for today, March 21
EURUSD: Markets await outcome of U.S. Federal Reserve meetingEURUSD is showing mixed trading, testing the level of 1.0710 and the local maximum of March 15, which was updated earlier.Meanwhile,...
EURUSD: Will the Fed consider the risks of the banking crisis?
FOREX Fundamental analysis for EURUSD on March 21, 2023The Fed's two-day meeting starts today but it is already clear that there is no unequivocal opinion among the FOMC members on...
Forex analytical forecast for AUDUSD, USDCAD, USDJPY and Gold for today, March 20
AUDUSD: Short-term sideways trend appears in the pairThe AUDUSD currency pair is trading in a moderate decline, resuming the dynamics of the "bears", having completed the two-day growth...
EUR/USD: markets return to stability
Fundamental analysis FOREX for March 20, 2023Three large credit institutions in the United States declared bankruptcy in March and First Republic bank needs urgent financial aid. This...
Analytical Forex forecast for today, March 17, for USDCHF, EURGBP, USDTRY and gold
USDCHF: Swiss Central Bank assessed readiness to support Credit SuisseThe USDCHF trading instrument shows a moderate decline under the influence of the corrective impulse received earlier,...
EUR/USD: The European Central Bank has not deviated from its plan
FOREX Fundamental analysis for EURUSD on March 17In the atmosphere of an impending banking crisis the main goal of the ECB was not to cause any harm. The regulator might well have abandoned...
Forex analytical forecast for today, March 16, for GBPUSD, USDJPY, USDCAD and Gold
GBPUSD: UK economic outlook assessed by the governmentTrading instrument GBPUSD is showing weak dynamics, trying to win back the losses of the last two sessions, in the backdrop of...
USDJPY: Bank of Japan hopes for a decline in inflation by the end of the year
Forex analytics on USDJPY for March 16USDJPY remains in a narrow price range on Thursday, consolidating after a sharp decline.The macroeconomic statistics, published in Japan, had no...
Forex analysis and forecast for GBPUSD for today, March 16, 2023
After a two-day decline with a renewal of the low of March 10, GBPUSD starts to recover its losses on Thursday. During the Asian session the pair tested the resistance 1.2080 to break...
EUR/USD: the Eurozone was first hit by the banking crisis
FOREX Fundamental analysis for EURUSD on March 16The banking crisis moves to Europe, with worse consequences than in the U.S. The day before the Credit Suisse bank asked for additional...
Forex analytical forecast for EURUSD, USDJPY, NZDUSD and Crude oil for today, March 15
EURUSD: the bulls got a weak advantage in the pairEURUSD is trading in a weak growth trying to develop the upward trend from the middle of the previous week. The asset reached the level...
Forex pair EURUSD: The Fed cedes leadership to the European Central Bank
FOREX Fundamental analysis for EURUSD on March 15The Fed is in a bad predicament. The regulator has to continue the fight against inflation, which does not intend to give up and at...
Forex analytical forecast for AUDUSD, USDJPY, NZDUSD and Gold for today, March 14
AUDUSD: bears have intercepted the initiative in the pairAfter completing its upward trend the day before, the AUDUSD trading instrument has shown a moderate correction, testing 0.6659.Pressure...
EURUSD: Will the US banking crisis spill over to Europe?
FOREX Fundamental analysis for EURUSD on March 14The banking crisis has confused all forex trading forecasts. Yes, the United States authorities have taken unprecedented measures to...
EUR/USD: buyers are confident in the European currency
FOREX Fundamental analysis for EURUSD on March 13, 2023The news about the bankruptcy of SVB bank overshadowed the effect of the United States labor market release, although Non-farm...
Forex analytical forecast for EURUSD, USDJPY, AUDUSD and USDCAD today, March 10
EURUSD: Sanctions against Russia hit EU gas and electricity pricesDuring the morning session EURUSD is showing the corrective dynamics from March 8, where the asset held the local lows...
Forex. EUR/USD: has the dollar offensive failed?
FOREX Fundamental analysis for EUR/USD on March 10Despite Jerome Powell's speeches which paved the way for the dollar to strengthen, ahead of today's US labor market report, most investors...
Forex analytical forecast for today, March 9, for USDJPY, AUDUSD, silver and crude oil
USDJPY: Japan assessed Q4 GDP dynamicsThe Asian trading session shows attempts of the yen to win back its losses, reaching the 136.87 level due to the positive national GDP data.Japan's...
AUD/USD: the Australian dollar is inferior to the US dollar
AUD/USD analysis on March 9, 2023On Thursday AUD/USD is consolidating after the recent decline caused by Jerome Powell's speech in the US Congress and is trading around 0.6600.The Reserve...
Forex analysis and forecast for USD/JPY for today, March 9
On Thursday the Japanese yen is trying to seize the initiative from the dollar, which led to a decrease in USD/JPY below support at 136.50.The macroeconomic statistics, which were published...
DXY: The dollar has good upside potential
US dollar index (DXY) trading ideaAfter Tuesday's sharp strengthening caused by the rhetoric of Jerome Powell's speech to the U.S. Congress, the DXY slowed its recovery on Thursday,...
EURUSD: Jerome Powell softens his tone
FOREX Fundamental analysis for EURUSD on March 9, 2023The first speech of the head of the Federal Reserve System to the US Congress was hawkish. On Tuesday the rhetoric of Jerome Powell...
EURUSD: Jerome Powell scared the markets
FOREX Fundamental analysis for EURUSD on March 8, 2023Jerome Powell's overly "hawkish" rhetoric brought down financial markets and sent EURUSD to a two-month low. The head of Fed said...
Forex analytical forecast for EURUSD, AUDUSD, GBPUSD and Crude oil for today, March 7
EURUSD: ECB makes statement on monetary policyEURUSD is showing moderate strengthening, developing the potential for "bullish" sentiment from last Friday, March 3. The Euro traded at...
Forex analysis and forecast for AUDUSD for today, March 7, 2023
AUDUSD is actively declining and is testing 0.6700 support for a break down at Tuesday's Asian session.The Reserve Bank of Australia expectedly raised its rate by 25 basis points to...
EURUSD: false breakdowns possible before the NFP release
FOREX Fundamental analysis for EURUSD on March 7, 2023Any forex trading strategy should clearly define entry and exit points, rely on the postulates of technical analysis, and assess...
Forex analytical forecast for today, March 6, for NZDUSD, USDJPY, gold and cryptocurrencies
NZDUSD: sideways dynamics developing in the pairThe trading instrument NZDUSD demonstrates mixed sentiment, having resumed testing the level of 0.6200, developing a downtrend. Traders...
EUR/USD: the market needs fresh news
FOREX Fundamental analysis for EUR/USD on March 6, 2023The main driving force for the dollar is the state of the U.S. economy, which is difficult to determine at the moment. The positive...
Forex analytical forecast for AUDUSD, USDCHF, NZDUSD and oil today, March 3
AUDUSD: the pair is showing a sideways trendThe AUDUSD trading instrument is showing slight strengthening, recovering the positions actively lost earlier, which did not allow the asset...
EURUSD: the pair maintains the consolidation range
FOREX Fundamental analysis for EURUSD on March 3, 2023Investors have changed their attitude towards the Fed's statements over the month. While previously they took speeches of regulator's...
Analytical Forex forecast for EURUSD, USDCAD, USDCHF and USDJPY for today, March 2
EURUSD: EU business data recovers lossesAccording to the data from the trading floors the EUR/USD currency pair is going to regain its positions, testing the level of 1.0648 against...
USD/JPY: Japan is testing the digital yen
On Thursday USD/JPY is trying to consolidate above the resistance of 136.50 with the subsequent retest of the local highs of December 20.Yesterday's release of the US manufacturing...
Forex analysis and forecast USD/CAD for today, March 2, 2023
In Asian trading on Thursday, USD/CAD recovers losses after yesterday's decline and trades around 1.3620.Yesterday in the United States business activity indexes were released. According...
EUR/USD: Global economic recovery keeps the euro from falling
FOREX Fundamental analysis for EUR/USD on March 2, 2023Strong business activity indexes in China, inflation growth in Germany and "hawkish" comments from ECB representatives allowed...
Forex analytical forecast for today, March 1 for AUDUSD, NZDUSD, silver and oil
AUDUSD: Australian dollar is set to strengthenDespite the weak macroeconomic statistics the AUDUSD currency pair is testing the 0.6748 level due to the U.S. dollar correctional sentiment.Thus,...
EUR/USD: a revolutionary situation for the pair
FOREX Fundamental Analysis for EUR/USD on March 1, 2023The big players tend to have their own forex trading techniques and start selling when everyone else is buying and vice versa....
Forex GBP/USD: sterling is powerless against the dollar
The British pound continues to strengthen against the US dollar on Tuesday, retreating further from the local low of 1.1926. At the moment the pair is trading at 1.2080, waiting for...
Forex AUD/USD: the "Aussie" has returned to decline
AUD/USD analysis on February 28, 2023On Tuesday, AUD/USD returned to the "bearish" dynamics, recovering from yesterday's correctional strengthening, triggered by the release of U.S....
Forex analysis and forecast for USD/CHF on today, February 28, 2023
The USD/CHF returned to strengthening on Tuesday, recovering from yesterday's decline caused by a weak report on durable goods orders in the US.According to the statistics, volumes...
EUR/USD: a decade of silence is expected in the market
Fundamental analysis of FOREX for EUR/USD on February 28, 2023Reduced risks of a recession in the U.S. economy have returned fears of a pause in the Federal Reserve's tightening of...