Forex Forecast

ForexAbode forecasts cover daily analysis as well as weekly outlook updates for major currency pairs. The analysis is presented by ForexAbode's internal analysts as well as partners. The daily analysis provides the short-term or immediate views of the market while the weekly outlook takes into account the overall price-action, technical outlook as well as fundamental factors. We suggest to keep an eye on this overall outlook even while taking short term positions.

Though we do cover various currency pairs but our main focus is on the following currency pairs which cover majority of global Forex trades:

Forecast For Major Forex Pairs And Trading Strategies

 

In future we wish to add more currency pairs for both the daily Forex analysis signals as well as weekend Forex forecasts/strategies.

Forex - Trading Volume 

The following figure shows approximate volumes of share of trades of various currency pairs. It is always good to know, which pairs get traded more and which are not traded much. Please also note that the volatility of the price action has nothing to do with the volumes of trading. You will find that the trading volume of GBPJPY is not much but the currency pair generally has a quite high volatility.

*Source: BIS (Bank of International Settlements) survey.

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