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THE INTERNET'S MOST COMPREHENSIVE LIST OF ONLINE FOREX BROKERS AND FOREX REVIEWS. 

Forex Forecast & Forex Technical Outlook for 30 January 2023 to 03 February 2023

Forex Forecast & Forex Technical Outlook for 30 January 2023 to 03 February 2023

The GDP in the fourth quarter of 2022 saw an expansion of 2.9% on an annualized basis. Although the growth exceeded predictions, the underlying details were not as positive. Additionally, the decline in monthly indicators towards the end of the year suggests that the slowing trend will continue into the first quarter of 2023. In…

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Forex Forecast & Forex Technical Outlook for 23 January 2023 to 27 January 2023

Forex Forecast & Forex Technical Outlook for 23 January 2023 to 27 January 2023

The Federal Reserve has done with rate hikes and investors are getting more jittery about the possible recession.  The inflation is cooling down, no doubt and the labor market is becoming the main focal point for investors. However, the payroll report is a lagging indicator, and market sentiment started to believe in no rate hikes…

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Forex Forecast & Forex Technical Outlook for 09 January 2023 to 13 January 2023

Forex Forecast & Forex Technical Outlook for 09 January 2023 to 13 January 2023

The US Dollar responded to the Non-farm payroll. The Labour report showed a better-than-expected employment report to 223K jobs, but it remained below investors’ expectation in line with other indicators.  The 223K result is also lower than last month’s 256K, which is a sign of moderation. Moreover, the wage growth came below the expectation to…

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Forex Forecast & Forex Technical Outlook for 26 December 2022 to 30 December 2022

Forex Forecast & Forex Technical Outlook for 26 December 2022 to 30 December 2022

Investors have experienced a corrective trading week ahead of the yearly close. The spotlight was on the Bank of Japan’s summary of opinions, pulling the JPY higher from the multi-year low against the US Dollar. However, market participants did not find it a sufficient positive development as the government is preparing for the $200 billion…

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Forex Forecast & Forex Technical Outlook for 05 December 2022 to 09 December 2022

Forex Forecast & Forex Technical Outlook for 05 December 2022 to 09 December 2022

The US Payroll increased by 263K in November, while the unemployment rate remained unchanged at 3.7%. The average hourly earnings rose by 0.6%, with an increase in personal spending of 0.7%. There are some signs that inflation has peaked in some countries. For example, the Eurozone price experienced relief from the price pressures for the…

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