Category Archives: Currency Forecast
GBP/USD will rise?
After 2 weeks down tremendously. We see good chance of GBP/USD to rise. Watch the price to retest the previous low at 1.8511. Your profit target is 1.9300 level. Let’s see what the market is doing. Take care and God … Continue reading
GBP/USD Forecast August 2008
We see a great down in GBP/USD last week which was caused by 2 reasons: 1. The gas price was slashed down again and this pushed up US Dollar. 2. The small traders that chase after the US dollar trend … Continue reading
Posted in Currency Forecast
Tagged Currency Forecast, Forex Signal GBP/USD, Forex Signals
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Currency Forecast For August 2008
We saw a nice spike up for GBP/USD last week then price went down to today’s level. It’s good indication for us to trade this pair. I see a good place to enter between 1.9730 to 1.9750. GBP/USD will have … Continue reading
Posted in Currency Forecast
Tagged British Pound Forecast, Currency Forecast, USD/CHF Forecast
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US Dollar Forecast
Hey there, If you can see what had happened throughout the weeks, the US economy is going down now. Please be careful in trading forex. US Dollar is going to be down again. The big investors are shorting the US … Continue reading
USD Forecast June 2008
Market Traders now are throwing off USD. Weak economy with low employment makes the US Currency down. Traders are not only selling USD but they also buying other currency like Pound. This is very good indication as we discuss before … Continue reading
Pound Forecast 4th June 2008
Today, we focus on Pound forecast. Where will be Pound (GBP) going? I believe that the Pound will be going up soon. The big investors are looking good on Pound. They are in favor of Pound not because that England … Continue reading
Posted in Currency Forecast, Forex Signals
Tagged GBP/USD forex signal, pound direction, Pound forecast
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GBP/USD Forecast
I think now GBP/USD shows us a good sign to buy. Let me show you this screenshot (GBP/USD Daily Chart as of Today): As you can see there are few points that lead us to open a buy from this … Continue reading
GBP/USD Direction
We should see GBP/USD price will move up in couple of days. Price start with moving down which is a good sign that this pair is retracing. However, you should see the big picture for the market price. So, again … Continue reading
EUR/USD 14th April 2008
Good time to buy and target profit at 1.5800 and above. If you buy at 1.5720 area, put your stop loss around 70 pips. Happy forex trading!
USD/JPY Currency Forecast
We expect this pair to be up. However, let the market go down first then buy from the dip. It will be good if you buy below 1.0070 level and profit target at 101.40 level. Put stop loss 70pips below … Continue reading