FOREX market review/prognosis from Forex Cloud – 11/05/12

Despite my fears, the SHORT in the GBP/USD pair (https://www.tradingview.com/v/Wh9WZXBK/) has slowly gone down to the planned level and brought me and my clients 90 pips. A LONG position in the USD/JPY pair was opened on Monday as planned (https://www.tradingview.com/v/avk634kf/ ), in a few hours it came out to a no-loss level and I moved my stop, but the session of the Bank of Japan did not justify the hopes of investors for further softening the economic policy and the pair went down, ...

FOREX market review/prognosis from Forex Cloud – 10/28/12

The last week was not completely successful. My order in the GBP/USD pair (https://www.tradingview.com/v/IY0oLGGU/) broke through the stop loss and the pair continued on the prospective scenario, leaving me with a loss of 20 pips. Happens… the SELL order in the same pair came out to the mode “non loss” (the stop loss is moved below the initial point), but I don’t like the development of the situation.  I will most likely have to close the order on Monday, not ...

FOREX market review/prognosis from Forex Cloud – 10/21/12

The Australian dollar continues to please with its predictability. In the past week I published two prognosis charts for the pair AUD/USD on TradingView.com and bother of the worked out with success, bringing me and my clients 200 pips. This is the link to my profile where you can see my prognosis charts: https://www.tradingview.com/u/ForexCloud/. If you wish to receive prognosis charts that are published on the website, can create a ...

FOREX market review/prognosis from Forex Cloud – 10/14/12

Last week the Australian dollar fulfilled its expectations. The correction took place in the AUD/USD and AUD/ZND pairs, and brought a profit of two hundred pips to me and my clients. Thus the pairs EUR/USD and GBP/USD finished the week in the negatives, and NZD/USD drew a dodge on the weekly chart. At this moment all my positions are closed and I abstain from making any forecasts, as the situation of the market is uncertain, with a slight angle towards a risky purchase.The EUR/USD pair is a ...

FOREX market review/prognosis from Forex Cloud – 10/03/12

In the beginning of the week, the US dollar was strong. The pair EUR/USD  was the only one that kept its position, the other main pairs (AUD/USD, NZD/USD, GBP/USD) moved down. The next two days will bring a few important news -  The Bank of England rate decision, The Bank of Europe rate decision, The Bank of Japan rate decision and US Unemployment rate. Most likely these news will play against the US dollar in favour of risk buyers. Traders who like taking risks can ...

FOREX market review/prognosis from Forex Cloud – 09/30/12

I don’t want to brag, but the forecasts for the EUR/USD and AUD/USD pairs was 100% dead on, and brought me, my clients, and everyone else who listened to my suggestions, a minimum of one hundred pips from every pair. EUR/USD 3h: The situation with the LONG position in the USD/JPY pair changed for the better, though the pair hasn't grown to the planned level. But if anyone, like me, added ...

FOREX market review/prognosis from Forex Cloud – 09/26/12

In the last three days, the US dollar returned to its positions, that it lost last week. Comments from the FRC members and disturbing news from Europe and Asia turned down market's optimism. Most of the traders sale risk actives, but I don’t think that this situation will continue and it looks for me like a good chance to enter LONG against the US dollar. The best candidates, from my point of view, are the EUR/USD and AUD/USD pairs. EUR/USD 3h:

FOREX market review/prognosis from Forex Cloud – 09/24/12

At the end of last week, the main pairs (EUR/USD, GBP/USD, AUD/USD, and NZD/USD) started to form horizontal channels. EUR/USD started to build its channel between 1.2900-1.3100 levels. During the next few days, the pair will most likely stay in the channel and we can use the channel borders for scalping. But this type of trading will be highly risky, I prefer to wait when the channel will be broken and the pair defines a moving direction. EUR/USD 3h:

FOREX market review and forecast for next week (06/25/12 – 06/29/12) by Forex Cloud

The last week has every chance to become the “fashion-maker” for the whole summer. Probably because the last five business days finally decided on the characteristic of the current state of the market.  And though the term “a double bottom” didn’t sound yet, but only because anybodies are afraid to say it, but the facts push things to be said as they are… And how else can we name a situation, when there is disorder and decline in Europe, instead of the ...

FOREX market review and forecast for next week (06/18/12 – 06/22/12) by Forex Cloud

The last week opened up with a big positive gap in all the main currencies against the USD but… it all ended on this. The dollar won back its losses on Monday. It was helped by the fears of the economic situation in Spain and Italy. The aggravation of the situation in Europe was caused by Spanish 10-year bond yields leapt above the 7 percent. On Tuesday, the dollar started to fall again before the publication of the ARS percent (Advanced Retail Sales) from USA. Traders expected a ...

FOREX market review and forecast for next week (06/11/12 – 06/15/12) by Forex Cloud

Finally it has come true… The first bullish week in one and a half months. The EUR/USD pair tested the level 1.2300 and sharply rebounded, closing the week off a bit higher than 1.2500 (1.2513). Judging by the bullish activity, it is possible to expect the continuation of the growth of all currencies against the dollar for the next few days (if the picture isn’t ruined by the news from China). The ARS (Advanced Retail Sales, USA) percent will be published for the month of May on ...

FOREX market review and forecast for next week (06/04/12 – 06/08/12) by Forex Cloud

The last week finally brought some intrigue into the market. Everything was going good in the beginning, the euro opened the week with a gap on the bull’s side, "fought" for about 24 hours, but on Tuesday the pair gave under the pressure of bad news from Spain (problems with the bank Bankia and the Spain rating decrease by Egan-Jones agency). The fall continued further up to Friday and everything happened like in a bad detective novel, around the middle of the book… In ...