We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
GBP/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 1.47% 🇳🇿NZD: 1.25% 🇬🇧GBP: 0.48% 🇪🇺EUR: 0.30% 🇨🇭CHF: -0.17% 🇯🇵JPY: -1.01% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/BxRolsnex3
  • Talk about a disconnect between Main Street and Wall Street. Seems like markets are pricing in an expectation of a V-shaped recovery. Wonder when reality will hit 🤔 https://t.co/Y8woCzT8kN
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.29% Gold: -0.73% Silver: -1.32% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/rsa9fXyvQe
  • $USDJPY Daily Pivot Points: S3: 106.83 S2: 107.22 S1: 107.44 R1: 107.82 R2: 107.99 R3: 108.37 https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • The #Dow Jones, #Nasdaq and S&P 500 have continued to melt higher in recent days even as bullish catalysts seem to sputter out. Get your #equities market update from @PeterHanksFX here:https://t.co/wXSP3avXh1 https://t.co/Zpnzxf9vj8
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.98%, while traders in US 500 are at opposite extremes with 73.85%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/CxeodwV5yt
  • US Dollar Price Action Setups: EUR/USD, USD/CAD, USD/JPY https://www.dailyfx.com/forex/video/live_events/2020/06/02/US-Dollar-Price-Action-Setups-JS-EUR-USD-USD-CAD-USD-JPY.html https://t.co/mfp3Q7wwNu
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.73% France 40: 0.71% FTSE 100: 0.33% Wall Street: -0.01% US 500: -0.01% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/qisyRbrKX6
  • China is increasingly aggressive in targeting technology according to official - BBG
  • The Mexican Peso rally has taken USD/MXN below a key support pivot in price and leaves the pair vulnerable to further losses heading into June trade. Get your $USDMXN technical analysis from @MBForex here:https://t.co/lhWwu2KbbN https://t.co/dJe9DGskq0
DailyFX Analysts' Weekly Forecasts

DailyFX Analysts' Weekly Forecasts

2009-11-17 14:00:00
Thomas Long, Course Instructor
Share:

Most experienced traders first determine the general mood of the market before looking for a trade.  Should the market be moving up or moving down in the week ahead?  There is alot of information to take into account to develop a bias and the analysts at DailyFX offer their thoughts every Monday for you to use in your trading approach.  You can find this by first clicking on the "Forex Market News" button at the top of the first page and then clicking on the "Forecasts" button. 

forecasts

Below is an example of what you will then see. 

analyst pick

The analysts give their opinion of whether the market should be bullish (moving up) or bearish (moving down) for the week.  If you then click on the currency you are following, you will find detailed reasons about how they developed that opinion.  This gives traders an edge in their trading decisions as then they simply look for a trading opportunity in that same direction.  It is also important to note that the market environment can change quickly in the FX markets, so traders should always trade with a protective stop in the market to limit their risk.
 

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.