Forex Market Analysis
To become a successful trader one will definitely need to do research on a trading platform and perform forex market analysis. It is essential because the international currency market is one of the most unpredictable financial markets known. It may be quite difficult and time-consuming to learn all the factors that influence currency market and to sift a large bulk of the greatly varied information. Overall analysis of the fx market is based on different data and criteria as well as on the most important events of the forthcoming day...
Forex fundamental analysis studies price movements and changes in the exchange rates in the macroeconomic aspect. This analysis is supposed to answer the main question of any trader: which currency pair is worth choosing to trade, particularly from the long-term prospect point of view. The biggest difference between fundamental forex analysis and technical forex analysis is that the first one is based on the following thesis: the prices on fx market are the reflection of supply & demand, which in their turn depend on the fundamental economy factors. Generally the aim of such analysis is to comprehend and estimate the overall state of the global economy as well as to analyze the economy of the country the financial instruments of which you plan to work with. To be able to perform fundamental analysis you need to monitor economical events and financial news on a regular basis, which will help you to assess the factors directly influencing the dynamics of currency rates exchange.
All official data have considerable impact on the international currency market. On this page you will find deep fundamental analysis, forex reports for major currency pairs. These reports are updated daily and are based on the latest news and market events. This kind of reports is of great importance for long-term investments as they involve analyzing large variety of different economic factors and cover the changes that took place within a considerable period of time. Performing fundamental analysis is a time-consuming work and requires a lot of effort. For this reason it is considered to be the most difficult method of the market analysis: different factors have unequal impact on the forex market. Therefore, if you cannot do daily market monitoring and profound analysis on your own, then you might be interested in referring to our up to date forex market analysis which has been professionally compiled and is available for your reference. Such forex data will help you forecast the future currency value really with no effort and save you a lot of time.
The resistance holds at 1280, support comes in at 1245.9. Major resistance is highlighted at 1295.4. Next target is set at 1350...
The greenback continued to weaken against some of the major currencies yesterday amid a quiet trading day...
Our prop desk is looking relatively quiet right now with the absence of economic data leaving many on the sidelines. Some profits have been booked off short...
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*Risks regarding foreign exchange trading
Asian equities roared back to life during early trading on Monday after oil sharp appreciation boosted global sentiment...
The US dollar index will be looking to a fresh week with the possibility of a rebound following last week's sharp declines..
The US dollar managed to stem the strong declines after developments from Washington...
Our prop desk has been battling against some short EUR/USD and short US equity index positions in the last few hours...
Traders are continuing to take a risk off approach in the market with the US dollar index pushing lower as the market...
The euro surged ahead to a fresh 6-month high earlier this morning as the price was seen tradingþ...
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Euro/dollar trades have been dominating our prop desk in the last 24 hours...
The US dollar extended declines strongly for another day as economic data...
The dollar was hovering at six-month lows against other major currencies on Wednesday, as concerns over recent...
The latest monthly manufacturing activity report released by the New York Fed yesterday...
AUD/NZD called lower from 1.0695 on 8th May, with targets of 1.0670 and 1.0645...
GBP crosses are providing the most interest with the pound continuing to work...
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The US dollar fell sharply on Friday after data showed that consumer price index rose 0.2%...
Sterling had seen a resolute run at the start of the week, with the currency failing...
Economic data from the US continued to remain robust with the initial jobless claims declining to 236,000 for the week...
The Bank of England will issue its quarterly inflation report at 11am GMT, along side the latest verdict from the MPC...
The Bank of England meeting, industrial and manufacturing production numbers and fresh inflation forecasts...
Consumer price index in China rose 1.2% on an annualized basis in the month of April, managing to beat estimates of 1.1%...
The Euro is losing ground against major crosses as the markets...
Markets have so far been quite bullish over the past few weeks, as there is renewed optimism...
The Australian dollar which closed on a bearish note yesterday was seen extending the declines earlier today...
The big event over the weekend has been the run-off vote in the French Presidential elections
After the final ballots had been cast, counting got underway leading to the pro-EU centrist candidate...
Governing council member, Peter Praet was quoted as saying...
The Euro has been posting decent gains over the last 24 hours with the market seeming to acknowledge that...
Earlier in the day, the U.S. ADP private payrolls shows that companies added 177k jobs...
The ISM manufacturing PMI index grew at a slower than expected pace in the month of April...
Top Brokers offering Forex Market Analysis
Forex Currencies Forecasts
| # | Broker | Review | |
|---|---|---|---|
| 1 | | Easy Markets | 88% |
| 2 |  | FXTM | 86% |
| 3 |  | FxPro | 84% |
| 4 | | FIBO Group | 81% |
| 5 |  | HYCM | 79% |
| 6 | | FXCM | 77% |
| 7 |  | Fort Financial Services | 76% |
| 8 |  | Windsor Brokers | 73% |
| 9 |  | Exness | 70% |
| 10 |  | Grand Capital | 67% |
