Forex Trading

World Interest Rates

US dollar interest rates   USD   0.25% euro interest rates   EUR   0.05%
japanese yen interest rates   JPY   0.10% england interest rates   GBP   0.50%
swiss-franc,switzerland interest rates   CHF   -0.75% australian dollar interest rates   AUD   2.00%
canadian dollar interest rates   CAD   0.5% new zealand dollar interest rates   NZD   2.75%
chinese yuan interest rates   CNY   4.60% indian rupee interest rates   INR    6.25%
brazil real interest rates   BRL   14.25% hong Kong dollar interest rates   HKD   0.50%
mexican peso interest rates   MXN   3.00% south Korean won interest rates   KRW   1.50%
taiwan dollar interest rates  TWD   1.875%  

 

Forex Outlook and Forecast

EUR/USD breaks out of 7 months pattern

Written By : himanshu || 2015-10-29 02:31:15 GMT

In the "Alerts - Observations - Watch Outs" sub-forum of our Forex forum section we had been talking about the ascending triangle pattern of EUR/USD.

EUR/USD Daily Analysis - July 29, 2015

Written By : ForexAbode.com || 2015-07-29 04:52:38 GMT

Current Exchange Rate: 1.1065 at the time of analysis update. Intraday overall outlook:  .    From trading point of view i.e.

EUR/USD Weekly Outlook - January 5, 2015 to January 9, 2015

Written By : ForexAbode.com || 2015-01-04 03:40:37 GMT

EUR/USD  broke below July 2012's strong support of 1.2042 to go as low as 1.2001 before closing bearishly at 1.2002. Fundamental Facts for EUR/USD There have been few economic releases during the last week due to the holiday seasons.

EUR/USD Fundamental Analysis & Economic Strength Meter - August 17, 2014

Written By : ForexAbode.com || 2014-08-17 04:24:32 GMT

The EUR/USD fundamental analysis and outlook is updated weekly. This is mainly derived from the recent major economic releases and news.

USD/JPY Weekly Outlook - January 5, 2015 to January 9, 2015 

Written By : ForexAbode.com || 2015-01-04 03:59:33 GMT

USD/JPY remained in a sideways mode with a high of 120.82 and low of 118.86. The weekly closing was at 120.49. Fundamental Facts for USD/JPY There have been few economic releases from the U.S.

USD/JPY Fundamental Analysis & Economic Strength Meter - August 17, 2014

Written By : ForexAbode.com || 2014-08-17 04:31:22 GMT

The USD/JPY fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news.

USD/JPY Daily Analysis - July 27, 2015

Written By : ForexAbode.com || 2015-07-27 05:31:58 GMT

Current Exchange Rate: 123.24 at the time of analysis update. Intraday outlook: . This was the fifth time during past 47 days that USD/JPY found resistance in the same zone.

Trading Opportunities with USD/JPY in the Coming Days

Written By : himanshu || 2014-09-23 03:13:12 GMT

.

EUR/JPY Weekly Outlook - August 11 to 15, 2014

Written By : ForexAbode.com || 2014-08-10 01:21:58 GMT

EUR/JPY dropped further to 135.73 before recovering strongly, on Friday, to 136.95 before closing for the week at 136.83. The previous failure at 138.

EUR/JPY Fundamental Analysis & Economic Strength Meter - August 17, 2014

Written By : ForexAbode.com || 2014-08-17 04:29:24 GMT

The EUR/JPY fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news.

EUR/JPY Daily Technical Analysis - June 15, 2015

Written By : ForexAbode.com || 2015-06-15 05:11:44 GMT

Current Exchange Rate: 138.63 at the time of analysis update. Intraday outlook: . Though initially we stay neutral of EUR/JPY but we are favoring some downward consolidation.

An Eye on EUR/JPY

Written By : forexabode || 2014-02-02 01:43:15 GMT

EUR/JPY continued it's strong fall and that has brought the bearish outlook in the picture. However, the current price action is testing a very critical support zone.

GBP/USD Outlook - January 5th to 9th, 2015

Written By : ForexAbode.com || 2015-01-04 04:19:09 GMT

GBP/USD remained in a narrow sideways mode for the entire week, last week before a sharp fall on the Friday to 1.5327 before closing bearishly at 1.5328. In fact the difference of 1 pip between the low and close is due to rounding of the pipettes.

GBP/USD Fundamental Analysis & Economic Strength Meter - August 17, 2014

Written By : ForexAbode.com || 2014-08-17 04:44:44 GMT

The GBP/USD fundamental analysis is updated weekly. It is one of the basis for the GBP/USD weekly outlook. This is mainly derived from the recent major economic releases and news.

GBP/USD Analysis - July 17, 2015

Written By : ForexAbode.com || 2015-07-17 06:25:42 GMT

Current Exchange Rate: 1.5616 at the time of analysis update. Intraday outlook: .

Focus Remains on the Downside for GBP/USD

Written By : himanshu || 2015-10-01 03:54:11 GMT

GBP/USD's fall from 1.7192 had completed 50% retracement and refused to go any further.

GBP/JPY Weekly Outlook - January 5th to 9th, 2015

Written By : ForexAbode.com || 2015-01-04 04:05:54 GMT

GBP/JPY had remained in a narrow sideways mode during last to last week. Last week it broke below that range before trying to recover again.

GBP/JPY Fundamental Analysis & Economic Strength Meter - August 17, 2014

Written By : ForexAbode.com || 2014-08-17 04:38:55 GMT

GBP/JPY fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news.

GBP/JPY Daily  Technical Analysis - June 15, 2015

Written By : ForexAbode.com || 2015-06-15 05:29:55 GMT

Current Exchange Rate: 191.56 at the time of analysis update. Intraday outlook: . The daily chart shows that an ascending channel has formed for GBP/JPY's price action.

What did GBP/JPY's recent support whispered?

Written By : forexabode || 2014-02-23 01:33:39 GMT

GBP/JPY surely lost upward momentum during the the last week and that may cast some doubts about the continuation of further gains.

AUD/JPY Weekly Outlook - August 11 to 15, 2014

Written By : ForexAbode.com || 2014-08-10 02:04:52 GMT

AUD/JPY dropped sharply during the last week to touch 93.93 but jumped up on Friday to close for the week at 94.65. The highlight of the last week was a move below the support of 94.39.

AUD/JPY Fundamental Analysis & Economic Strength Meter - August 17, 2014

Written By : ForexAbode.com || 2014-08-17 04:51:25 GMT

The AUD/JPY fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news.

AUD/JPY Analysis - December 11, 2014

Written By : ForexAbode.com || 2014-12-11 03:57:51 GMT

Current Exchange Rate: 98.16 at the time of analysis update. Intraday outlook:  AUD/JPY broke below the 38.2% retracement support of the gains from 91.76 to 102.85.

AUD/JPY - On It's Way To 100?

Written By : himanshu || 2013-10-20 00:45:34 GMT

AUD/JPY's strong uptrend from 74.47 to 105.43 had to have some consolidation. Such a big upward move would naturally call for a 61.8% retracement.

AUD/USD Weekly Outlook - January 5th to 9th, 2015

Written By : ForexAbode.com || 2015-01-04 04:28:23 GMT

AUD/USD had tried to move up but failed at 0.8216, which was near 22-day EMA.

AUD/USD Fundamental Analysis & Economic Strength Meter - August 17, 2014

Written By : ForexAbode.com || 2014-08-17 04:48:15 GMT

The AUD/USD fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news.

AUD/USD Analysis - July 03, 2015

Written By : ForexAbode.com || 2015-07-03 05:47:07 GMT

Current Exchange Rate 0.7529 at the time of analysis update. Intraday outlook: . AUD/USD moved the wat we indicated yesterday. The pair did not only touched the target of 0.7533 but went as low as 0.7511.

AUD/USD - Will the fundamental fury sustain?

Written By : forexabode || 2014-05-29 03:35:11 GMT

Australian dollar jumped up very strongly in the Asian morning session. AUD/USD saw a jump of 55 pips in the matter of minutes.

USD/CHF Weekly Outlook - January 5th to 9th, 2015

Written By : ForexAbode.com || 2015-01-04 04:38:47 GMT

USD/CHF broke over the parity level and went as high as 1.0018 before closing for the week bullishly at 1.0016.

USD/CHF Fundamental Analysis & Economic Strength Meter - August 17, 2014

Written By : ForexAbode.com || 2014-08-17 04:54:43 GMT

The USD/CHF fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news.

USD/CHF Analysis - June 15, 2015

Written By : ForexAbode.com || 2015-06-15 06:06:55 GMT

Current Exchange Rate : 0.9361 at the time of analysis update.

USD/CHF 2014 outlook - who is winning as the safe haven currency?

Written By : forexabode || 2013-12-30 08:33:40 GMT

USD/CHF is not stopping to prove the bearish sentiments. The race seems to be continuously on to prove which is the safe haven currency and which is "THE" safe haven currency.

USD/CAD Outlook - The Pair Is Near Some Resistances

Written By : himanshu || 2014-07-14 09:18:06 GMT

.

USD/CAD: 14 years Price-Action in a Nutshell - Is A Near-Term Bottom In Place?

Written By : himanshu || 2014-07-09 11:44:14 GMT

USD/CAD had dipped to 1.0620 and seems to be finding some support since then. The price-action during past 6 days has been failing to dip below 1.0600 to enter the psychological ranges of 1.0500.

USD/CAD: unemployment rate will cause further decline

Written By : liteforex || 2013-08-09 11:47:46 GMT

USD/CAD: unemployment rate will cause further decline 1.

USD/CAD Outlook - 2012/10/03

Written By : forexabode || 2012-10-02 23:40:53 GMT

USD/CAD's Broke Over The Resistance After 12 Weeks   USD/CAD had broken over the Tenkan line resistance level after over 12 weeks.

 

Latest Forex Updates

EUR/USD breaks out of 7 months pattern

In the "Alerts - Observations - Watch Outs" sub-forum of our Forex forum section we had been talking about the ascending triangle pattern of EUR/USD. In the last alert we had indicated the...

Comparison between Forex, Binary Options and Penny Stocks Trading

Whether you want to make an investment that will boost your savings account or you want to build a diversified portfolio and a career in trading, investing in foreign exchange market, binary options or...

Dollar Strength

The U.S. dollar has remained very strong in 2015 as the U.S. economy has expanded at a faster rate than many of its competitors. Some countries have encouraged weakness in their respective currencies and...

Focus Remains on the Downside for GBP/USD

GBP/USD's fall from 1.7192 had completed 50% retracement and refused to go any further. The second wave of downward move seems to have 38.2% retracement level as resistance instead of support. The...

15 years of EUR/USD in Nut & Shell - Expect Further Decline

Past 8 months' price action of EUR/USD has seen an ascending triangle formation emerging up. Now as far as any triangle chart pattern is concerned, a break out can be on either side. However, we are in...

Go to Forex School

 

Forex Charts

Please type the currency pair code on the top right side box to get the chart of the pair you wish to see. You may change the time frames of the chart and apply technical indicators as well as draw trend lines. For applying trend lines, please use the drawing tools on the left hand side.

You may get a larger sized chart as pop-up by clicking the blue button on the top right hand side.

 

Daily Forex Resistance and Support levels

PAIR Res 1 Res 2 Support 1 Support 2
EUR/USD 1.1627 1.17 1.1439 1.1324
USD/JPY 119.83 121.09 117.88 117.19
EUR/JPY 138.24 139.5 136.11 135.24
GBP/JPY 188.77 191.43 184.68 183.25
GBP/USD 1.5783 1.5869 1.5646 1.5595
AUD/JPY 86.2 88.19 83.18 82.15
AUD/USD 0.721 0.7307 0.7056 0.6999
USD/CHF 0.9558 0.9726 0.9269 0.9148
Please check the time of update. Please check detailed Forex trading analysis and forecasts on the individual pages of various Forex pairs.

 

Last Updated on Wednesday, 26 August 2015 02:38 GMT

Forex Trading Alerts subscription


Name:
Email:
Confirm Email:
1+11

We will send email alerts as soon as the Forex analysis is updated.
Request you to check the Junk (spam mail) folder immediately in case Google group mail is not received in Inbox.

Enter Forexabode Blog

Enter Forex Abode Community

Forex Rates