Forex Weekly Currency Forecast and Signal for May 14 - 18, 2012

Here is my forecast for this week on $EURUSD, $GBPUSD and $AUDUSD .

An ounce of action is worth a ton of theory.

Ralph Waldo Emerson

Good morning all! This is my Forex Weekly Currency Forecast for May 14-18, 2012. And forecast is on main currencies: EURUSD, GBPUSD and AUDUSD. Hope you'll find it useful.

$EURUSD

$EURUSD chart is pretty clear for now; After starting last week with a big gap, price moved downwards and now I'm thinking that it has a potential to continue it's movement lower. Therefore, my weekly currency forecast on forex market:

Read more »

Posted in: Forex Analysis,Weekly Currency Forecast,Weekly Forecast

Forex Weekly Currency Forecast and Signal for April 9 - 13, 2012

Here is my forecast for this week on $EURUSD, $GBPUSD, $AUDUSD and $USDCHF.

I still find each day too short for all the thoughts I want to think, all the walks I want to take, all the books I want to read, and all the friends I want to see.

John Burroughs

Good morning all! As past week was very good on my forecast, expecting this week will be as well. This is my Forex Weekly Currency Forecast for April 2-6, 2012. And forecast is on main currencies: EURUSD, GBPUSD, AUDUSD and USDCHF. Hope you'll find it useful.

$EURUSD

$EURUSD chart is not very clear for now; After bouncing from daily price channel EURUSD had gone to downwards and I think this movement will be continued. Therefore, my weekly currency forecast on forex market:
If $EURUSD will go upwards a little to 1.3150 and then from this resistance will go down to about 1.3030 or lower to 1.2650(I think it is maximum that it will reach if goes down), then it is more likely to go up to 1.2960 or higher. And if it will reach the price channel above, there will be situation like: "will it break it or not?"(I think will). Then will bounce from this level. The strongest support/resistance levels are: 1.3470, 1.3390, 1.3294, 1.3220, 1.3180, 1.3150, 1.3100, 1.3020, 1.2970, 1.2840, 1.2690 and 1.2630 Watch my tweets for hourly forex market tips and signals. And always know that you make decisions on your own risk.
(Current Price: 1.3091)

$GBPUSD

And about GBPUSD I can say one thing x1.5EURUSD :) and of course it's a joke(not very good). And Forex Weekly Currency Forecast for this week is:
It is more probably to go up to about 1.5910 or higher and then go down to about 1.5740 - fib 38.2 on 4H TF or lower. And the maximum of downwards move is 1.5650. Then if the price will reach it, it is more likely to go up for about 100 pips. The Support/Resistance levels are: 1.6190, 1.6120, 1.5990, 1.5840, 1.5730, 1.5640, 1.5550, 1.5430 and 1.5340 This is technical analysis and for getting more pips or to avoid loses watch to news, for this please watch the real-time news and follow me on twitter to catch some of fresh ideas and forex signals, and subscribe to my blog for daily currency forecast on forex market.
(Current Price: 1.5864)

AUD/USD

My setup on $AUDUSD

USD/CHF

My setup on $USDCHF

For real-time signals and my personal orders during the day on $EURUSD(and all other main pairs) follow my twitter account.

Subscribe to my Daily Currency Forecasts by Email for more detailed predictions of intraday trading.
Have a nice day! Follow me on twitter for real-time updates and forex signals.

Read more »

Posted in: Forex Analysis,Weekly Currency Forecast,Weekly Forecast

Forex Weekly Currency Forecast and Signal for April 2 - 6, 2012

Here is my forecast for this week on $EURUSD, $GBPUSD, $AUDUSD and $USDCHF.

All life is an experiment. The more experiments you make the better.

Ralph Waldo Emerson

Good morning, I've found some time to write my Forex Weekly Currency Forecast for April 2-6, 2012. And forecast is on main currencies: EURUSD, GBPUSD, AUDUSD and USDCHF. Hope you'll find it useful.

$EURUSD

Situation with $EURUSD is pretty clear for now; it’s like to break or not to break. As we know that the possibility of bouncing from resistance is greater than breaking it :) Therefore, my weekly currency forecast on forex market:

Read more »

Posted in: Forex Analysis,Weekly Currency Forecast,Weekly Forecast

Back to my blog Currency Forecast

Hi everybody! How are you doing? I haven't recently posted any article and even Daily Currency Forecast that I usually posted everyday, but I came back and will post from starting tomorrow - 1/24/12. For now you can follow my twitter twitter.com/jackforex I usually trade during London and New York sessions. Write to me on any occasion.

Read more »

Posted in: Daily Currency Forecast,Daily Forecast,Forex Analysis,News,Weekly Currency Forecast,Weekly Forecast

Weekly Currency Forecast for 15 – 19 August, 2011

$EURUSD

There is a strong resistance level on 1.4253. If it can break this level it is more likely to go up to around 1.4450(23,6 fib and the trend line) and or higher. If it can’t break the 1.4253 resistance the price will go down to around 1.4010 or lower. The strongest levels those may oppose are: 1.4452, 1.4253, 1.4013, 1.3906, 1.3750, in this levels may be correction of the price. It is difficult to predict this week.
Watch my tweets for hourly tips and signals. And always know that you make decisions on your own risk.

(Current Price: 1.4249)



$GBPUSD

$GBPUSD it is difficult to predict and so I will write the most possible scenarios. Here we go There is a resistance level at 1.6315, if the price breaks this level then it will go high to around 1.6570 and if it can’t break this level(more likely) the price will go down for a while to 1.6100 or lower. And the news will play it’s role on giving the direction to the movement, in that case watch the real-time news and follow me on twitter to catch some of fresh ideas and signals, and subscribe to my blog for daily currency forecast. The Support/Resistance levels are: 1.6725, 1.6575, 1.6475, 1.6315, 1.6104 and 1.5933.


(Current Price: 1.6275)


AUD/USD
No Comment
USD/JPY
No Comment
USD/CHF
No Comment

Subscribe to my Daily Currency Forecast for more detailed predictions of intraday trading.
Have a nice day! Follow me on twitter for real-time updates and forex signals.

Read more »

Posted in: Forex Analysis,Weekly Currency Forecast,Weekly Forecast

Weekly Currency Forecast for 25-29 July, 2011

$EURUSD

It is more likely to go down to around 1.4305 and if it breaks this support it has potential continue it’s way downwards to around 1.4140 or lower. IF it can’t break this level  it will bounce and will go high to around 1.4580 or higher. The strongest levels those may oppose are 1.4900, 1.4690, 1.4580, 1.4436, 1.4305, 1.4253, 1.4200, 1.4142, 1.4104, 1.4050, 1.4009 in this level may be correction of the price. Watch my tweets for hourly tips and signals. And always know that you make decisions on your own risk.

(Current Price: 1.4367)



$GBPUSD

$GBPUSD will go down for a while to 1.6244 or lower and then it will go upwards to around 1.6400 or higher. The Support/Resistance levels are: 1.6451, 1.6400, 1.6325, 1.6262, 1.6165 and 1.6104. And there is another scenario when the news will play it’s role on giving the direction to the movement, in that case watch the real-time news and follow me on twitter to catch some of fresh ideas and signals, and subscribe to my blog for daily currency forecast.
For hot signals and my personal orders during the day on $GBPUSD follow my twitter account.





(Current Price: 1.6298)


AUD/USD
...Coming soon
USD/JPY
No Comment
USD/CHF
No Comment

Subscribe to my Daily Currency Forecast for more detailed predictions of intraday trading.
Have a nice day! Follow me on twitter for real-time updates and forex signals.

Read more »

Posted in: Forex Analysis,Weekly Currency Forecast,Weekly Forecast

Weekly Currency Forecast for 27 June – 1 July, 2011

$EURUSD

It is more likely to go downwards to around 1.4009 and after that it has potential go up a little to around 1.4070 and after that it will continue its way down to around 1.3970 and lower. The strongest levels those may oppose are 1.4155, 1.4125, 1.4072, 1.4025 and 1.3970, in this level may be correction of the price. Watch my tweets for hourly tips and signals. And always know that you make decisions on your own risk.
(Current Price: 1.4180)

$GBPUSD

GBPUSD

$GBPUSD will try to break 1.5933 and if it breaks then will go to around 1.5800 or lower. The best predictable minimum is 1.5700 if it will show its all price range on moving downwards. And there is another scenario when the price will go up to around level 1.6100 and after that it will move down to these levels previously mentioned. The Support/Resistance levels are: 1.6014, 1.5979, 1.5863 and 1.5815. Watch to news and decide where to go. For hot signals and my personal orders during the day on $GBPUSD follow my twitter account.
http://www.twitter.com/jackforex">http://twitter-badges.s3.amazonaws.com/follow_me-c.png" alt="Follow jackforex on Twitter"/> (Current Price: 1.5967)

AUD/USD
No Comment
USD/JPY
No Comment
USD/CHF
No Comment

And sorry for late publishing the post I've just overslept.
Subscribe to my Weekly Currency Forecast for more detailed predictions of intraday trading.
Have a nice week! Follow me on twitter for real-time updates and Forex signals.

Read more »

Posted in: Forex Analysis,Weekly Currency Forecast,Weekly Forecast

Weekly Currency Forecast for 30 May – 3 June, 2011

$EURUSD

EURUSD

It is more likely to continue it’s way upwards in the first days to around 1.4340 and if it breaks this level then to around 1.4412. And I think that $EURUSD will not continue it’s movement so far and

Read more »

Posted in: Forex Analysis,Weekly Currency Forecast,Weekly Forecast

Weekly Currency Forecast for 15–20 May, 2011

$EURUSD
Pair broke the trend line from June 2008 and it is more likely to continue it’s way downwards. The levels that price will reach are: 1.4050, 1.4009, 1.3935, 1.3863, 1.3800 and lower. The strongest levels those may oppose are 1.40, 1.39 and 1.38, in this level may be correction of the price.
(Current Price: 1.4105)

EURUSD

$GBPUSD
$GBP couldn’t break through the level 1.6739 and rashly started falling down. It is more likely to go downwards after a little correction  to levels: 1.6162, 1.6100, 1.6020, 1.5978 and maybe lower. But there are strong supports in 1.60 and 1.59, in this levels price will go up a little and then continue its fall.
(Current Price: 1.6189)

GBPUSD

AUD/USD
No Comment
USD/JPY
No Comment
USD/CHF
No Comment
Subscribe to my Daily Currency Forecast for more detailed predictions of intraday trading.
Have a nice day! Follow me on twitter for real-time updates and forex signals.

Read more »

Posted in: Forex Analysis,Weekly Currency Forecast,Weekly Forecast