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Latest Forex Updates
Weekly Forex Outlook and Forecast
Note: This section is meant for overall Forex trading outlook and is updated on weekends. The analysis consists of Technical, Fundamental and Psychological factors but a lot of emphasis is given to the pure price action. This is one of the most popular section and helps for short-term to longer term Forex trades. For daily Forex Technical Analysis, please click on the green buttons under Technical Analysis on left-hand side of this page.
EUR/USD: The break over 1.3688/1.3690 clearly indicates that the strong bullish outlook. With any break over 1.3715 minor resistance, we will expect EUR/USD to target the resistance zone of 1.3770 to 1.3785. ⇒ continue reading EUR/USD outlook.
USD/CHF: The strong fall well below the psychological 0.9000 level has again brought the strong bearish sentiments in the picture. However a caution is needed as long as there is no break below the 0.8890 support. ⇒ continue reading USD/CHF outlook.
For the trading outlook of other currency pairs please check the green buttons on the left hand side of the page or click on Forex Forecast.
Last Updated on Sunday, 08 December 2013 03:27 GMT
Daily Forex Resistance and Support levels
|PAIR||Res 1||Res 2||Support 1||Support 2|
Last Updated on Tuesday, 03 December 2013 04:05 GMT