Advanced Forex Strategies

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Advanced Forex Strategies

We will continue to add to our collection of Advanced Forex Strategies on a weekly basis. Although there are plenty of effective strategies that you can use as a trader, we suggest that you choose and stick to a few that you feel comfortable. Our goal is to provide a myriad of choices for you to choose. Your responsibility as a trader is to decide which strategy best suit your trading style and character.

EURUSD Weekly Forex Forecast – 16th to 20th July 2018

The economic data from the Eurozone this week will be focusing on the inflation figures. With the recent uptick in consumer prices and the ECB turning hawkish on its projections with forward guidance the final inflation figures coming out this week will be important. The flash estimates on inflation showed that the headline consumer price […]

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AUDUSD Weekly Forex Forecast – 9th to 13th July 2018

The Aussie has been rallying off of the support level 0.7310 for the third consecutive week developing a bullish reversal bar. However, we still have a very weak weekly close which suggests that we can see further consolidation after another attempt to challenge the big psychological number 0.7500. The first resistance level comes at 0.7470, […]

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USDCAD Weekly Forex Forecast – 9th to 13th July 2018

The USDCAD is getting close to retest the key support level 1.3065 which aligns perfectly with the 200-EMA giving confluence for a bounce. However, the big psychological number 1.3000 remains the level to watch and we can’t rule out the bears try to challenge the big round number again. Only a daily break and close […]

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GBPUSD Weekly Forex Forecast – 9th to 13th July 2018

The GBPUSD has a modest close above the intraday resistance level 1.3240 and although we had a bullish week we’re still trading inside a pretty wide consolidation zone. Taking into consideration the summer trading conditions, we can expect less trend development and more range bound activity. On the upside, the first major resistance level only […]

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USDCHF Weekly Forex Forecast – 9th to 13th July 2018

Technical Outlook: The USDCHF currency pair was seen testing the support level at 0.9894 once again. Price action continues to remain trading within the range of 1.0000 and 0.9894. In the near term, we expect this range to be maintained with a short term bounce likely to follow through following the retest of the support […]

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USDJPY Weekly Forex Forecast – 9th to 13th July 2018

Technical Outlook: The USDJPY currency pair is showing signs of turning flat near the resistance area of 110.91 – 110.66 level. A continuation to the downside could push the currency pair to test the 109.97 level of support in the near term. Price action in USDJPY remains choppy overall. In the unlikely event that a […]

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EURUSD Weekly Forex Forecast – 9th to 13th July 2018

Technical Outlook: The EURUSD currency pair was seen posting gains last week. The upside momentum in the currency pair came after price action was seen trading flat near the lows of 1.1540 level. With the EURUSD rising to the resistance level near 1.1745 level of resistance and the divergence seen on the 4-hour Stochastic, we […]

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AUDUSD Monthly Forex Forecast for July 2018

The Aussie completely reversed the strong rally we saw in the beginning of the year and the break below the previous major swing low 0.7330 is actually very bearish for the AUDUSD. However, after another dip below 0.7300 we should see some reaction higher and possibly a retest of the big psychological number 0.7500. A […]

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USDCAD Monthly Forex Forecast for July 2018

The Canadian dollar is facing a dilemma because usually during the month of July, according to its seasonal pattern it tends to drop. However, after recent USDCAD rally, it might be the case we’re running out of steam to continue pushing higher. On the upside, the next big hurdle comes at the big psychological number […]

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GBPUSD Monthly Forex Forecast for July 2018

As we are entering into the summer trading conditions, we should see the GBPUSD more prone to range bound rather than to see trend development. In this regard the current bearish trend can slow down, but we’re still prone to have first a retest below the big psychological number 1.3000 and then a complete reversal. […]

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Advanced Forex Strategies