Fresh Forex forecast

[Bevan Congdon]

To get proper guideline I don't follow others, but I follow the guidelines which I get from my trusted broker. Yes, I trust my brokers guideline because it has provided me a good amount of profit every month since I joined with them. I am currently trading options with lxmarkets.com and they are the best in class broker I have ever traded with. Simply awesome.

[Mehraj Hossain]

My broker is my best guidelines. Trade12 provide signals on daily basis. They also provide signals of news. I am lucky selecting Trade12 broker as my broker because I found almost all facilities with that broker as a professional scalper. It having flexible high leverage like 1:400, low spread, quick execution, no set up fees and no reqoutes, no dealing desk and no slippage are available here. All these are opportune for scalping. That’s why I am with this broker for a long time.

[Josheb Fredy]

It was another week of gain for this pair adding a healthy 1.07%. There were some economic releases from either side of Eurozone & USA but there were other factors at play that were quite dominant. Effects of Euro and USD of other pairs also had an effect on this. Looking forward we have French Elections for first Round this Sunday and it might affect Euro on Monday, more so if the market perceives it to be quite different

[Josheb Fredy]

It was the best week for Cable in recent times which gained nearly 2.30%. The record shorts were squeezed when the UK announced snap poll for a general election which though initially sent the pair down but later recovered massively in the “hope” that there might be better Brexit negotiation and even cancellation of it! Looking further, there might be some consolidation at the current price where the price might resume upwardly or go down from here!

[Josheb Fredy]

A week of recovery of this pair which saw it gain around 0.4 as against the loss of nearly 2.2% the week to week before. So this is some sort of victory as this pair was caught in the cross fire of JPY strength resulting from global uncertainty, bond & stock markets and other factors. So despite these and holding against such factors making a gain is a remarkable thing. Coming week is expected to be more volatile.

[Josheb Fredy]

Not a good week for Aussie as it lost around 0.44% despite USD on the mat even though conditions were not supportive to AUD either with commodity prices being low and RBA not helping matters which saw this pair drop a bit. But overall there was not much change even though traders might be looking ahead which is going to become USD based as there is nothing much coming out of Australia next week!

[Josheb Fredy]

This pair has been in very much mixed trend, as there have been no major gains. It is likely that with high expectations over June Rate Hike, it will make the pair dip, but with many political scenes happening, there is not much to be said with certainty.

[Josheb Fredy]

This pair has been gaining well over the past couple of weeks with touching near 1.30 levels first time since Brexit fiasco, but has again dropped somewhat, it is unlikely that we will see the 1.30 level cross over so quickly, so might be good opportunity for getting into short.

[Josheb Fredy]

This pair has been steadily gaining high, it has somewhat hit roadblock with some dip in last day of the week, but overall things have turned out well. However, the expectations are to have switch in direction and it could be good time to have sell for it.

[Josheb Fredy]

This pair has been gaining very well since last 3-4 weeks, it is likely that we will see the trend continuing on same field, but there might be some sort of reversal which means it is good chance if we want to sell it, but need to be done with right level of money management.

[Josheb Fredy]

This pair has been in very much down trend in recent weeks, but there was good pickup before the market closed last week. It can be the sign of the trend shifting, but we need to make sure we have right money management in order to gain.

[ForexMartTrader]

When you acquire the skills to correctly analyse the forex market and  determine future price direction, then you become an independent trader able to trade profitably.

[Volkov Yuriy]

Still corrections

23 June 2017, EUR/USD

 

 

Wave Analysis:

Perfectly as previously anticipated, the corrective wave (b) continues to extend to the upper side but is still below our target rebound level 1.12859. During this intraday, we expect a possible extension of this correction to the upper side but should not go beyond 1.12859. Although this upward rally is highly anticipated, if a bearish candle can appear below 1.12859, then we'll sell the impulsive wave (c) to the lower side with an ideal target at 1.08649, Expect an exact opposite wave count in USDCHF, USDJPY and CHFJPY. These pairs have a strong negative correlation of up to -71% and will move in opposite price action during this intraday.

Trade Recommendations:

In the long run, expect a possible beatish price rally towards 1.08649
Check the website for more information: https://freshforex.com/analitics/fresh-forecast/forex-correlation-and-Elliott-wave-analysis/issue_99661.html

[Josheb Fredy]

EJ has been gathering good momentum since last 1 week, as we have seen the pair getting near 125 mark, it’s highly likely that we will see this type of trend to continue ahead as well. However, it is not bad to have a go at short till it’s around 124.80/85 mark.

[Josheb Fredy]

AU has been in bearish trend with some sort of turn around showing up. However, we feel that the bearish trend might just continue ahead this week, so it won’t be the worst time to ahead and go for short but just need to be sharp with our actions.

[Josheb Fredy]

USDCHF has been picking up nicely since last couple of weeks and way things are going, it’s highly likely that we will see similar pattern ahead, so it will be interesting times ahead. We need to be wise with entry, as it should be done only when there is a dip.

[Josheb Fredy]

NZDUSD is a non-stop train with continuing on high. This week we have seen little bit of dropping but the overall content is still showing towards the higher levels, it will be good time to enter into this trade, but need to just be careful with things.

[Josheb Fredy]

This pair is working in range price with no major gain either side. We can see that the trend is bearish overall and that’s confirmed by SAR, so it will be good entry for shorts here. It may be a better deal to wait for some pickup and then to have a crack at it.

[Mehraj Hossain]

Broker selection is the vital part of trading. A broker plays a vital role in serving all trading facilities to the traders. But security is a major issue where brokers are serving but they have no high security level. So while going for a broker we should check out their facilities including security level. Selecting Trade12 was my best decision because it is the most supportive broker and provides genial trading facilities. It provides signals to the traders on daily basis.

[Josheb Fredy]

EU has been gaining great levels as the pair is running towards 1.15 mark, it is likely that we will see movement continue on the day, but we have to be sharp and alert because there might be a turnaround in stores, so need to watch for it.

[Josheb Fredy]

EU has been gaining great levels as the pair is running towards 1.15 mark, it is likely that we will see movement continue on the day, but we have to be sharp and alert because there might be a turnaround in stores, so need to watch for it.

[Josheb Fredy]

GU has really gone high with Dollar on very thin plot, it’s likely to continue. With 1.30 level crossed, it will be interesting if it can sustain that way. So, it is a good time to buy or sell with tight stops because whatever side it runs, it will be for fairly long period.

[Josheb Fredy]

UJ was relatively slow but steady on higher side; It’s highly likely that we are going to continue on running with similar pattern. As there are no major moves ahead today which will make it continue to run neutral but it will change as we go ahead in the week.

[Josheb Fredy]

EJ was on the high with Euro running powerfully and gaining nearly 350+ pips, but now it has slowed down somewhat, but otherwise, it is still looking for running very high. It is good time to buy if there is any dip between these levels.

[Josheb Fredy]

AU has been running mostly downside in last few weeks, but has started the climb and we have seen last few days getting over 100/150 pips to the table. With the way momentum is running, it’s likely that we will see the pair continue on similar lines.