Forex Trading

World Interest Rates

US dollar interest rates   USD   0.25% euro interest rates   EUR   0.15%
japanese yen interest rates   JPY   0.10% england interest rates   GBP   0.50%
swiss-franc,switzerland interest rates   CHF   0.00% australian dollar interest rates   AUD   2.50%
canadian dollar interest rates   CAD   1.00% new zealand dollar interest rates   NZD   3.25%
chinese yuan interest rates   CNY   6.00% indian rupee interest rates   INR    8,00%
brazil real interest rates   BRL   11.0% hong Kong dollar interest rates   HKD   0.50%
mexican peso interest rates   MXN   3.00% south Korean won interest rates   KRW   2.50%
taiwan dollar interest rates  TWD   1.875%  

 

Forex Outlook and Forecast

EUR/USD Weekly Outlook - July 14 to 18, 2014

Written By : ForexAbode.com || 2014-07-12 18:23:15 GMT

EUR/USD had touched the low of 1.3575, which was 10 pips lower than the previous week's low but then tried to recover to go as high as 1.3650.

EUR/USD Fundamental Analysis & Economic Strength Meter - July 20, 2014

Written By : ForexAbode.com || 2014-07-19 19:17:00 GMT

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

EUR/USD Daily Analysis - July 25, 2014

Written By : ForexAbode.com || 2014-07-25 02:09:20 GMT

Current Exchange Rate: 1.3455 at the time of analysis update. Intraday overall outlook:   EUR/USD outlook remains same as we had mentioned during the previous update.

EUR/USD caught between uncertainties of fundamentals and technical factors

Written By : himanshu || 2014-06-30 07:52:55 GMT

EUR/USD had touched 1.3651 on June 25th and had found strong resistance at 55-day EMA.

USD/JPY Weekly Outlook - July 14 to 18, 2014 

Written By : ForexAbode.com || 2014-07-12 19:14:16 GMT

USD/JPY failed to retest and move beyond last week's high of 102.26 and fell from 102.20 to as low as 101.06 before closing for the week at 101.33.

USD/JPY Fundamental Analysis & Economic Strength Meter - July 20, 2014

Written By : ForexAbode.com || 2014-07-19 19:24:37 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 25, 2014

Written By : ForexAbode.com || 2014-07-25 02:29:17 GMT

Current Exchange Rate: 101.89 at the time of analysis update. Intraday outlook: . USD/JPY had found support at 101.06 first and the subsequent support had come 2 pips above that at 101.08.

USD/JPY - Further upside is favored

Written By : himanshu || 2014-06-08 01:48:00 GMT

This USD/JPY update follows the previous post titled "USD/JPY Should See Some More Gains But Caution Needed". The previous post had indicated gains towards 102.75 resistance.

EUR/JPY Weekly Outlook - July 7 to 11, 2014

Written By : ForexAbode.com || 2014-07-06 04:01:55 GMT

EUR/JPY inched upwards unconvincingly from the recent of 137.72 to touch 139.28 before closing for the week at 138.78.

EUR/JPY Fundamental Analysis & Economic Strength Meter - July 20, 2014

Written By : ForexAbode.com || 2014-07-19 19:20:01 GMT

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

EUR/JPY Analysis - July 23, 2014

Written By : ForexAbode.com || 2014-07-23 03:50:07 GMT

Current Exchange Rate: 136.52 at the time of analysis update. Intraday outlook: . EUR/JPY went as low as 136.41 and has made the short-term bearish outlook stronger.

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 Weekly Outlook - July 14 to 18, 2014

Written By : ForexAbode.com || 2014-07-12 20:46:44 GMT

During the last week the GBP/USD touched a low of 1.7085 but overall remained range bound below 1.7182 before closing for the week at 1.7114. As we had mentioned during the last weekend, GBP/USD's break over 1.

GBP/USD Fundamental Analysis & Economic Strength Meter - July 20, 2014

Written By : ForexAbode.com || 2014-07-19 19:40:18 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 23, 2014

Written By : ForexAbode.com || 2014-07-23 02:24:14 GMT

Current Exchange Rate: 1.7085 at the time of analysis update. Intraday outlook: . GBP/USD had gone down to 1.7041 but found support of the downward slopping channel once again.

GBP/USD breaks above one more hurdle

Written By : forexabode || 2014-02-15 07:36:35 GMT

GBP/USD had achieved one landmark on January 23, 2013 when the pair had broken above August 2011's strong resistance of 1.6618. This resistance had cause the pair to fall by 1376 pips to as low as 1.5272.

GBP/JPY Weekly Outlook - July 14 to 18, 2014

Written By : ForexAbode.com || 2014-07-13 06:55:03 GMT

GBP/JPY had gone as low as 172.96 to test the 55-day EMA support during the last week. A support was witnessed but the recovery failed to sustain at 173.80.

GBP/JPY Fundamental Analysis & Economic Strength Meter - July 20, 2014

Written By : ForexAbode.com || 2014-07-19 19:38:15 GMT

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

GBP/JPY Analysis - July 23, 2014

Written By : ForexAbode.com || 2014-07-23 03:39:00 GMT

Current Exchange Rate: 172.75 at the time of analysis update. Intraday outlook: . We expect further decline for GBP/JPY. The currency pair has broken below the 55-day EMA support rather strongly.

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 - July 7 to 11, 2014

Written By : ForexAbode.com || 2014-07-06 04:29:54 GMT

AUD/JPY went as high as 96.50 and then fell sharply to 95.32 before closing for the week at 95.59. The resistance faced 1 pip below the earlier strong resistance of 96.51 creates doubts about immediate further gains.

AUD/JPY Fundamental Analysis & Economic Strength Meter - July 20, 2014

Written By : ForexAbode.com || 2014-07-19 19:44:53 GMT

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

AUD/JPY Analysis - July 23, 2014

Written By : ForexAbode.com || 2014-07-23 03:58:51 GMT

Current Exchange Rate: 95.74 at the time of analysis update. Intraday outlook:  The strong jump which broke over the expected resistance of 95.70 suggests that we should see further gains for a retest of 95.99.

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 - July 14 to 18, 2014

Written By : ForexAbode.com || 2014-07-13 02:29:11 GMT

AUD/USD had touched 0.9341 and then attempted another recovery but failed at 0.9459 and remained in a sideways mode.

AUD/USD Fundamental Analysis & Economic Strength Meter - July 20, 2014

Written By : ForexAbode.com || 2014-07-19 19:42:40 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 23, 2014

Written By : ForexAbode.com || 2014-07-23 02:55:26 GMT

Current Exchange Rate 0.9447 at the time of analysis update. Intraday outlook: . AUD/USD jumped up strongly today to take out 0.9416 resistance. The upward jump was after the year-on-year CPI data came as 3% against the previous 2.9%.

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 - July 14 to 18, 2014

Written By : ForexAbode.com || 2014-07-13 01:15:31 GMT

USD/CHF initially had inched upward to 0.8959 but did not sustain and fell to 0.8902 before closing for the week at 0.8922, Some resistance before hitting the psychological level of 0.9000 was natural but the failure to break below 0.

USD/CHF Fundamental Analysis & Economic Strength Meter - July 20, 2014

Written By : ForexAbode.com || 2014-07-19 19:47:23 GMT

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

USD/CHF Analysis - July 23, 2014

Written By : ForexAbode.com || 2014-07-23 02:35:58 GMT

Current Exchange Rate : 0.9023 at the time of analysis update. Intraday outlook:   There is no change in our outlook for USD/CHF from yesterday.

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: 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.

 

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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.

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Daily Forex Resistance and Support levels

PAIR Res 1 Res 2 Support 1 Support 2
EUR/USD 1.3841 1.3861 1.3807 1.3793
USD/JPY 102.39 102.71 101.85 101.63
EUR/JPY 141.54 142.02 140.78 140.5
GBP/JPY 171.95 172.61 170.95 170.61
GBP/USD 1.6817 1.6849 1.6765 1.6745
AUD/JPY 94.97 95.21 94.5 94.27
AUD/USD 0.9301 0.9322 0.9257 0.9234
USD/CHF 0.8833 0.8843 0.8808 0.8793
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 Thursday, 24 July 2014 01:00 GMT

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