We also call it short-term Forex Trading Analysis. Currently we update Forex technical analysis for 8 currency pairs once a day around GMT 14:30. The updating time varies a little bit as analysis and updating is a manual process but normally the technical analysis update time is around what we mentioned above.
Our plan is to start updating the Forex Technical Analysis twice a day in near future and that is one reason that we do not like to call it daily technical and rather call it technical analysis for short-term trading/day trading. The twice a day analysis would cover Asia and Europe Forex trading sessions with American trading session.
We do send an email to our partners i.e. all of you who are ForexAbode.com community members by subscribing to the News Letter.
Currently our daily technical analysis update is for following currency pairs which cover majority of global Forex trades:
EUR/USD (This currency pair has 27% share of total Forex Trading*)
USD/JPY (This currency pair has 13% share of total Forex Trading*)
GBP/USD (This currency pair has 12% share of total Forex Trading*)
Unlike the Forex Technical analysis which we update daily, the weekend trading analysis in not just technical analysis but we consider fundamental analysis, economic releases and general market sentiments along with technical analysis for our weekend Forex Analysis. We call in longer-term analysis because this is not meant just for day-trading of the currency pairs but has an longer-term outlook. As with daily technical analysis, we also send an email to the members after updating the weekend trading analysis.
Our Forex trading/currency trading analysis is currently for the following currency pairs which cover majority of global Forex trades:
*Source: BIS (Bank of International Settlements) survey.
In future we wish to add more currency pairs for both the daily technical analysis as well as weekend analysis.
Important Note about daily and weekend Forex Analysis:
We request to check the update date and time at the top of the analysis pages for various currency pairs. This is to avoid any confusion in case on a particular day because of some reason an update was not done and the page showing the previous day’s currency trading analysis.
