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Forex Weekly Forecast

What is to be expected for the Week ahead from 4th Feb- 8th Feb? Economic Calendar: EU PPI on Mon, RBA Interest Rate Decision and EU Retail Sales on Tue, AUS Employment Changes and Unemployment , BOE and ECB Interest Rate...

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Forecast on USD Majors – FX1(USDJPY)

USDJPY – A wave 3 rally is in progress USDJPY had been in a larger corrective uptrend from its Nov’11 low at 75.55 and the uptrend could test the 0.9500/0.9900 resistance on multi-month basis before renewing long...

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Forecast om USD Majors – FX1 (USDJPY)

USDJPY – Near term uptrend could extend if 83.30/82.85 support holds USDJPY had been in a corrective wave [4] from its Nov’11 low at 75.55. The key resistance for the uptrend is at 85.50/85.75(wave equality target)...

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Forecast on USd Minors – FX3 9USDCAD)

USDCAD – Near term focus is on testing the 0.9870/0.9760 support A larger corrective trend started from 0.9405 (July’11 low) appears to be still in force which may be flat corrective wave. A retest of the...

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