Note: This Forex Trading outlook section is meant for mid to longer term Forex outlook/analysis and is updated on weekends. This analysis consists of Technical, Fundamental and Psychological factors and is not simply Technical analysis and is not meant for short-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/USDThe failure to sustain below the 200-day moving average and also the failure to test 50% retracement of the downward move from 1.3711 to 1.2745 cast a bearish shadow. Moreover the 200-day moving average as well as the 38.2% retracement level of the said move are now... (continue reading EUR/USD outlook)
USD/CHF: The resistance just 2 pips below the psychological 95.00 level keeps the immediate outlook for USD/CHF neutral and we expect some more downward consolidation first. However we would expect a good 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.
