JuliaFX

JuliaFX

First, a review of last week’s forecast. The vast majority of the experts and graphical analysis predicted a sideways trend for GBP/USD, which happened. At first, the pair slowly went down to 1.5155, then went up to its level of one month ago and then fell again to the first support set by the experts – 1.5185. Forecast for the upcoming week. Summing up the...

JuliaFX

First, a review of last week’s forecast. It appeared impossible to give a sensible forecast for EUR/USD last week as both experts and indicators were at a complete loss, pointing in different directions. However, exactly this kind of “forecast” turned out right – first, the pair fell a bit, then went up some, then dropped again, finishing the week without any...

JuliaFX

First, a review of last week’s forecast: - the analysts were unanimous that USD/CHF had already reached its target for the near future and now would just be oscillating around the 1.0000 landmark. This is exactly what happened – the pair was moving within the sideways corridor of 0.9990-1.0095 all five days. Forecast for the upcoming week. Summing up the...

JuliaFX

First, a review of last week’s forecast: - graphical analysis on H1 and half of the experts reckoned that USD/JPY might first rise to 123.50-124.00 (it actually went up to 123.60) and then go down sharply. The forecast panned out except for the word “sharply” – the pair was falling all week and slowed down at support around 122.50. Forecast for the upcoming...

JuliaFX

First, a review of last week’s forecast: - as for GBP/USD, most experts talked about a bullish trend and the pair’s movement within a 1.4950-1.5220 range. This forecast played out almost precisely – the pair didn’t go below 1.5025 but rose to the upper boundary of the said corridor during the week, ending up at 1.5234. Forecast for the upcoming week. Summing up...

JuliaFX

First, a review of last week’s forecast: - most experts and graphical analysis on H1 tended to believe that EUR/USD would take a breather and move in a sideways channel of 1.0650-1.0850. In fact, as predicted, the pair neither fell below 1.0675 nor rose over 1.0830. Forecast for the upcoming week. Summing up the opinions of several dozen analysts from world...

JuliaFX

For starters, a few words about last week’s forecast: - the forecast for USD/CHF was only upward movement. The end target was set at 1.0000-1.0100, right in the middle of which the pair stopped Friday night. Thus, the forecast can be considered 100% correct straight out. Forecast for the upcoming week. Summing up the opinions of several dozen analysts from world...

JuliaFX

For starters, a few words about last week’s forecast: - almost all agreed that the pivot point for USD/JPY would be at 121.50 again. It was also said that the pair would continue to try and reach 122.00 at least. All was going according to plan until the release of data from the USA on Friday, after which the pair not only reached the target but also speedily...

JuliaFX

For starters, a few words about last week’s forecast: - GBP/USD was predicted to experience some fluctuations within 1.5440-1.5470 at the beginning of the week, after which the pair was supposed to go down. A third of the experts set the weekly bottom at 1.5250. This scenario can be viewed as fulfilled, except for the fact that statistics from Europe and the USA,...

JuliaFX

For starters, a few words about last week’s forecast: - by the end of the week, EUR/USD was supposed to get fixed around 1.0800. Graphical analysis on H4 elaborated that at first, the pair would reach the bottom at 1.0600 and then make every effort to go up to 1.0800. This happened for the most part – EUR/USD was moving down towards the target all week long and on...

JuliaFX

First, a review of last week's forecast: - the forecast for USD/CHF was only upward movement, and the pair did reach 0.9950. Now just 50 points separate it from the landmark 1.0000. Forecast for the coming week. Summarizing opinions of several dozen analysts from leading banks and broker companies as well as forecasts made on the basis of different methods of...

JuliaFX

First, a review of last week's forecast: - for USD/JPY the experts and the indicators determined a sideways corridor with support at 120.50 and resistance at 122.00. All that happened except that the corridor shifted down by about 50 points to a 120.00-121.50 range, with 120.50 as a pivot point. Forecast for the coming week. Summarizing opinions of several dozen...

JuliaFX

First, a review of last week's forecast: - about 80% of the indicators and half of the experts voted for GBP/USD to go down to support at 1.5200 at the most. The remaining 50% of the experts and graphical analysis talked about a sideways trend with resistance around 1.5470. Both forecasts turned out to be right - first, GBP/USD gradually went down to 1.5225 but...

JuliaFX

First, a review of last week's forecast: - most experts and graphical analysis insisted that EUR/USD would be moving in a 1.1000-1.1100 sideways corridor. Even the US Federal Reserve's decision on interest rates could not hamper this forecast. After crashing by 160 plus points Wednesday evening, by the end of the week the pair returned to the indicated boundaries...

JuliaFX

The previous forecast was fulfilled 100%: - both experts and technical analysis unanimously predicted upward movement for USD/CHF, differing only on how fast it would transpire. In line with one of the versions, the pair started to go up right away on Monday, broke through the top boundary of the channel and moved to resistance at 0.9600. One third of the experts...

JuliaFX

The previous forecast was fulfilled 100%: as for the USD/JPY pair, 64% of the experts and almost all tools of technical analysis predicted that the break through the bottom of the triangle, which the pair had been drawing since late August, would be short-lived. So it happened - by Friday the pair reached the said 120.80 resistance and then went to the next peak...

JuliaFX

The previous forecast was fulfilled 100%: - the GBP/USD was almost unanimously predicted to be in a sideways trend within a 1.5420-1.5500 range for most of the week, which happened. Further forecasts differed. In this case, graphical analysis was 100% correct - the pair was supposed to go down to support at 1.5350 where it finished the week in fact. The forecast...

JuliaFX

The previous forecast was fulfilled 100%: - regarding EUR/USD, 73% of the analysts insisted that the pair would first fall to support at 1.1300 and then down to 1.1120. Until mid-Thursday, the pair barraged against the level of 1.1300 but on the news about the ECB's interest rate, it crashed to the mentioned level of 1.1120. One would think that EUR/USD might...