Forex Trading – Daily Currency Forecasts

Forex Weekly Currency Forecast and Signal for May 14 - 18, 2012

2012-05-13T11:58:00.000-07:00

Here is my forecast for this week on $EURUSD, $GBPUSD and $AUDUSD .

An ounce of action is worth a ton of theory.

Ralph Waldo Emerson

Good morning all! This is my Forex Weekly Currency Forecast for May 14-18, 2012. And forecast is on main currencies: EURUSD, GBPUSD and AUDUSD. Hope you'll find it useful.

$EURUSD

$EURUSD chart is pretty clear for now; After starting last week with a big gap, price moved downwards and now I'm thinking that it has a potential to continue it's movement lower. Therefore, my weekly currency forecast on forex market:
Read more »

Forex Weekly Currency Forecast and Signal for April 9 - 13, 2012

2012-04-08T13:04:00.000-07:00

Here is my forecast for this week on $EURUSD, $GBPUSD, $AUDUSD and $USDCHF.

I still find each day too short for all the thoughts I want to think, all the walks I want to take, all the books I want to read, and all the friends I want to see.

John Burroughs

Good morning all! As past week was very good on my forecast, expecting this week will be as well. This is my Forex Weekly Currency Forecast for April 2-6, 2012. And forecast is on main currencies: EURUSD, GBPUSD, AUDUSD and USDCHF. Hope you'll find it useful.

$EURUSD

$EURUSD chart is not very clear for now; After bouncing from daily price channel EURUSD had gone to downwards and I think this movement will be continued. Therefore, my weekly currency forecast on forex market:
If $EURUSD will go upwards a little to 1.3150 and then from this resistance will go down to about 1.3030 or lower to 1.2650(I think it is maximum that it will reach if goes down), then it is more likely to go up to 1.2960 or higher. And if it will reach the price channel above, there will be situation like: "will it break it or not?"(I think will). Then will bounce from this level. The strongest support/resistance levels are: 1.3470, 1.3390, 1.3294, 1.3220, 1.3180, 1.3150, 1.3100, 1.3020, 1.2970, 1.2840, 1.2690 and 1.2630 Watch my tweets for hourly forex market tips and signals. And always know that you make decisions on your own risk.
(Current Price: 1.3091)

$GBPUSD

And about GBPUSD I can say one thing x1.5EURUSD :) and of course it's a joke(not very good). And Forex Weekly Currency Forecast for this week is:
It is more probably to go up to about 1.5910 or higher and then go down to about 1.5740 - fib 38.2 on 4H TF or lower. And the maximum of downwards move is 1.5650. Then if the price will reach it, it is more likely to go up for about 100 pips. The Support/Resistance levels are: 1.6190, 1.6120, 1.5990, 1.5840, 1.5730, 1.5640, 1.5550, 1.5430 and 1.5340 This is technical analysis and for getting more pips or to avoid loses watch to news, for this please watch the real-time news and follow me on twitter to catch some of fresh ideas and forex signals, and subscribe to my blog for daily currency forecast on forex market.
(Current Price: 1.5864)

AUD/USD

My setup on $AUDUSD

USD/CHF

My setup on $USDCHF

For real-time signals and my personal orders during the day on $EURUSD(and all other main pairs) follow my twitter account.

Subscribe to my Daily Currency Forecasts by Email for more detailed predictions of intraday trading.
Have a nice day! Follow me on twitter for real-time updates and forex signals.

Forex Weekly Currency Forecast and Signal for April 2 - 6, 2012

2012-04-01T10:36:00.000-07:00

Here is my forecast for this week on $EURUSD, $GBPUSD, $AUDUSD and $USDCHF.

All life is an experiment. The more experiments you make the better.

Ralph Waldo Emerson

Good morning, I've found some time to write my Forex Weekly Currency Forecast for April 2-6, 2012. And forecast is on main currencies: EURUSD, GBPUSD, AUDUSD and USDCHF. Hope you'll find it useful.

$EURUSD

Situation with $EURUSD is pretty clear for now; it’s like to break or not to break. As we know that the possibility of bouncing from resistance is greater than breaking it :) Therefore, my weekly currency forecast on forex market:
Read more »

AUDUSD setup for my night trading

2012-03-29T00:22:00.000-07:00

Hi again, it's difficult to predict now the market, because $EURUSD is in a falt a little :) and now this what I will trade $AUDUSD if happens:
A: If $AUDUSD will reach 1.0421 then will go short
B: If will go below 1.0367, then will go short.

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My trading results for March 27, 2012

2012-03-27T15:16:00.000-07:00

My trading results for March 27, 2012. I traded depending on my strategy and tech analyze. Have a nice day! I've traded this pairs: $EURUSD, $AUDUSD, $GBPUSD and $USDCHF. But as always I like this $EURUSD

Open Time	Type	Lots	Item	Price	S / L	T / P	Close Time	Price	Pips
2012.03.27 03:27	sell	0.1	audusd	1.05199	1.05184	1.04800	2012.03.27 10:48	1.05184	1.5
2012.03.27 05:17	sell	0.1	eurusd	1.33524	1.33523	1.33320	2012.03.27 10:18	1.33320	20.4
2012.03.27 12:17	sell	0.1	eurusd	1.33802	1.33675	1.33330	2012.03.27 13:42	1.33675	12.7
2012.03.27 12:49	buy	0.1	usdchf	0.90244	0.90245	0.90460	2012.03.27 13:39	0.90245	0.1
2012.03.27 17:34	buy	0.1	audusd	1.04902	1.04685	1.05130	2012.03.27 17:37	1.04925	2.3
2012.03.27 17:48	sell	0.1	gbpusd	1.59692	1.59680	1.59490	2012.03.27 22:33	1.59600	9.2
									46.2

Daily Currency Forecast and Signal for March 27, 2012

2012-03-26T18:31:00.000-07:00

Good evening fellow traders! How are you doing now? I know that you are going to do a lot of good trades today :) So Good luck to all of us! Here is my analyzes for today. If you like it, please share. Thanks!

$EURUSD

It is more likely to go upwards to around 1.3380 and will pull back to around 1.3320 or lower. IF it can break this level it will go high to around 1.3475. The strongest levels are 1.3472, 1.3209, 1.3282, 1.3181, 1.3100 in this levels may be resistance and support to the price. Watch my tweets for hourly tips and signals. And always know that you make decisions on your own risk.
(Current Price: 1.3359)

$GBPUSD

$GBPUSD will go high for a while to 1.5985 or higher and then it will go downwards to around 1.5910 or lower. The Support/Resistance levels are: 1.6018, 1.5972, 1.5910, 1.5860, 1.5820 and 1.6104. And there is another scenario when the news will play its role on giving the direction to the movement, in that case watch the real-time news and follow me on twitter to catch some of fresh ideas and signals, and subscribe to my blog for daily currency forecast.
(Current Price: 1.5964)

AUD/USD

My setup on $AUDUSD

USD/CHF

My setup on $USDCHF

For hot signals and my personal orders during the day on $GBPUSD follow my twitter account.

Subscribe to my Daily Currency Forecast for more detailed predictions of intraday trading.
Have a nice day! Follow me on twitter for real-time updates and forex signals.

Daily Currency Forecast and Signal for January 24, 2012

2012-01-24T03:37:00.000-08:00

$EURUSD

EURUSD It is more likely to go down to around 1.2960 to the major support, and will slide through the trend line and if breaks will continue its movement down to around 1.2900 There is bearish divergence on 4H chart. Watch my tweets for hourly tips and signals. And always know that you make decisions on your own risk. (Current Price: 1.3005)

Back to my blog Currency Forecast

2012-01-22T19:30:00.000-08:00

Hi everybody! How are you doing? I haven't recently posted any article and even Daily Currency Forecast that I usually posted everyday, but I came back and will post from starting tomorrow - 1/24/12. For now you can follow my twitter twitter.com/jackforex I usually trade during London and New York sessions. Write to me on any occasion.

Ancient Warrior's Ancient Battles: Occupy Wall Street Backs a Nationwide Boycott Agai...

2011-10-11T09:04:00.001-07:00

Hi, Gregory Philips my friend, he is really good trader and he is fighter against the Banks/Primary Dialers. I recommend to follow to his blog. Thanks. P.S. I haven't posted a long period. From tomorrow you can find my Daily Currency Forecast. And I'll do it periodically. Ancient Warrior's Ancient Battles: Occupy Wall Street Backs a Nationwide Boycott Agai...: --- Post Source on CNBC --- Published: Friday, 7 Oct 2011 | 1:21 PM ET Text Size By: Cadie Thompson Producer, CNBC.com In an effort to ...

Weekly Currency Forecast for 15 – 19 August, 2011

2011-08-14T15:09:00.000-07:00

$EURUSD

There is a strong resistance level on 1.4253. If it can break this level it is more likely to go up to around 1.4450(23,6 fib and the trend line) and or higher. If it can’t break the 1.4253 resistance the price will go down to around 1.4010 or lower. The strongest levels those may oppose are: 1.4452, 1.4253, 1.4013, 1.3906, 1.3750, in this levels may be correction of the price. It is difficult to predict this week.
Watch my tweets for hourly tips and signals. And always know that you make decisions on your own risk.

(Current Price: 1.4249)

$GBPUSD

$GBPUSD it is difficult to predict and so I will write the most possible scenarios. Here we go There is a resistance level at 1.6315, if the price breaks this level then it will go high to around 1.6570 and if it can’t break this level(more likely) the price will go down for a while to 1.6100 or lower. And the news will play it’s role on giving the direction to the movement, in that case watch the real-time news and follow me on twitter to catch some of fresh ideas and signals, and subscribe to my blog for daily currency forecast. The Support/Resistance levels are: 1.6725, 1.6575, 1.6475, 1.6315, 1.6104 and 1.5933.

(Current Price: 1.6275)

AUD/USD
No Comment
USD/JPY
No Comment
USD/CHF
No Comment

Subscribe to my Daily Currency Forecast for more detailed predictions of intraday trading.
Have a nice day! Follow me on twitter for real-time updates and forex signals.

Weekly Currency Forecast for 25-29 July, 2011

2011-07-24T11:14:00.000-07:00

$EURUSD

It is more likely to go down to around 1.4305 and if it breaks this support it has potential continue it’s way downwards to around 1.4140 or lower. IF it can’t break this level it will bounce and will go high to around 1.4580 or higher. The strongest levels those may oppose are 1.4900, 1.4690, 1.4580, 1.4436, 1.4305, 1.4253, 1.4200, 1.4142, 1.4104, 1.4050, 1.4009 in this level may be correction of the price. Watch my tweets for hourly tips and signals. And always know that you make decisions on your own risk.

(Current Price: 1.4367)

$GBPUSD

$GBPUSD will go down for a while to 1.6244 or lower and then it will go upwards to around 1.6400 or higher. The Support/Resistance levels are: 1.6451, 1.6400, 1.6325, 1.6262, 1.6165 and 1.6104. And there is another scenario when the news will play it’s role on giving the direction to the movement, in that case watch the real-time news and follow me on twitter to catch some of fresh ideas and signals, and subscribe to my blog for daily currency forecast.
For hot signals and my personal orders during the day on $GBPUSD follow my twitter account.

(Current Price: 1.6298)

AUD/USD
...Coming soon
USD/JPY
No Comment
USD/CHF
No Comment

Subscribe to my Daily Currency Forecast for more detailed predictions of intraday trading.
Have a nice day! Follow me on twitter for real-time updates and forex signals.

Weekly Currency Forecast for 27 June – 1 July, 2011

2011-06-26T18:57:00.000-07:00

$EURUSD

It is more likely to go downwards to around 1.4009 and after that it has potential go up a little to around 1.4070 and after that it will continue its way down to around 1.3970 and lower. The strongest levels those may oppose are 1.4155, 1.4125, 1.4072, 1.4025 and 1.3970, in this level may be correction of the price. Watch my tweets for hourly tips and signals. And always know that you make decisions on your own risk.
(Current Price: 1.4180)

$GBPUSD

GBPUSD

$GBPUSD will try to break 1.5933 and if it breaks then will go to around 1.5800 or lower. The best predictable minimum is 1.5700 if it will show its all price range on moving downwards. And there is another scenario when the price will go up to around level 1.6100 and after that it will move down to these levels previously mentioned. The Support/Resistance levels are: 1.6014, 1.5979, 1.5863 and 1.5815. Watch to news and decide where to go. For hot signals and my personal orders during the day on $GBPUSD follow my twitter account.
http://www.twitter.com/jackforex">http://twitter-badges.s3.amazonaws.com/follow_me-c.png" alt="Follow jackforex on Twitter"/> (Current Price: 1.5967)

AUD/USD
No Comment
USD/JPY
No Comment
USD/CHF
No Comment

And sorry for late publishing the post I've just overslept.
Subscribe to my Weekly Currency Forecast for more detailed predictions of intraday trading.
Have a nice week! Follow me on twitter for real-time updates and Forex signals.

Daily Currency Forecast and Signal for June 3, 2011

2011-06-02T19:42:00.000-07:00

$EURUSD

EURUSD

It is more likely to go down to around 1.4458(If it breaks this level $EURUSD may go lower to around 1.4410) and after that it’s have potential go up to around 1.4520, and if it breaks this level it will go to 61.8 fib 1.4569. Watch my tweets for hourly tips and signals. And always know that you make decisions on your own risk.

(Current Price: 1.4486)

$GBPUSD

GBPUSD

It is more likely to go down to around 1.6320 or lower, and after that it have potential to go up to around 1.6400 or higher. It is also flat here at the first few hours. watch to news and decide where to go. For hot signals and my personal orders during the day on $GBPUSD follow my twitter account.

(Current Price: 1.6344)

AUD/USD
I’ll begin forecast from next week.
USD/JPY
No Comment
USD/CHF
No Comment

Have a nice day! Follow me on twitter for real-time updates and forex signals

Daily Currency Forecast and Signal for June 1, 2011

2011-05-31T22:19:00.000-07:00

$EURUSD

EURUSD

It is more likely to go up to around 1.4500 and maybe higher to 1.4550, and after that it probably will go down to around 1.4412 or 1.4350 and lower. Watch my tweets for hourly tips and signals. And always know that you make decisions on your own risk.

(Current Price: 1.4436)

$GBPUSD

GBPUSD

It is more likely to go up to around 1.6500 or higher, and after that it have potential to go down to around 1.6451 or 1.6400 and lower and if it breaks this support it will continue its way down to around 1.6355, maybe lower. If $GBPUSD can’t break support it will go up to 1.6400 again. For hot signals and my personal orders during the day on $GBPUSD follow my twitter account.

(Current Price: 1.6477)

AUD/USD
I’ll begin forecast from next week.
USD/JPY
No Comment
USD/CHF
No Comment

Have a nice day! Follow me on twitter for real-time updates and forex signals

Weekly Currency Forecast for 30 May – 3 June, 2011

2011-05-29T12:00:00.000-07:00

$EURUSD

EURUSD

It is more likely to continue it’s way upwards in the first days to around 1.4340 and if it breaks this level then to around 1.4412. And I think that $EURUSD will not continue it’s movement so far and
Read more »

Daily Currency Forecast and Signal for May 27, 2011

2011-05-26T19:56:00.000-07:00

$EURUSD

It is more likely to go down up to around 1.4155 and maybe lower to 1.4100, after that it will go
Read more »

Daily Currency Forecast and Signal for May 25, 2011

2011-05-24T19:58:00.000-07:00

$EURUSD

EURUSD

It is more likely to up to around 1.4100 and maybe higher to 1.4155, after that it will go down to around 1.4050, or lower to 1.4000. Watch my tweets for hourly tips and signals. And always know that you make decisions on your own risk.

(Current Price: 1.4055)

$GBPUSD

GBPUSD

Iit is more likely to go up to around 1.6200 or higher, and
Read more »

Daily Currency Forecast and Signal for May 24, 2011

2011-05-23T19:55:00.000-07:00

$EURUSD

EURUSD

It is more likely to up to around 1.4000 and maybe lower to 1.3985, after that it will go high to around 1.4075, or higher to 1.4100. Watch my tweets for hourly tips and signals. And always know that you make decisions on your own risk.

I recommend to wait for the news on German Flash Services PMI(7:28 GMT:London), German Flash Manufacturing PMI(7:28), Flash Services PMI(7:58), Flash Composite PMI(7:58) and Flash Manufacturing PMI(7:58)

(Current Price: 1.4035)

$GBPUSD

GBPUSD

For today $GBPUSD is showing bearish mood at first hours, and if it breaks the resistance on 1.6100, it is more likely to go down to around 1.6060 and lower, and after that it have potential to go up to around 1.6165 and if it breaks this resistance it will go high to around 1.6200. If $GBPUSD can’t break resistance it will go down to 1.6100 and lower. For hot signals and my personal orders during the day on $GBPUSD follow my twitter account.

(Current Price: 1.6102)

AUD/USD
No Comment
USD/JPY
No Comment
USD/CHF
No Comment

Have a nice day! Follow me on twitter for real-time updates and forex signals

Daily Currency Forecast and Signal for May 20, 2011

2011-05-19T22:42:00.000-07:00

$EURUSD

EURUSD

For Now $EURUSD is going high on hour period, I think it will show the same movement a few hours. If it breaks the resistance on 1.4325, it is more likely to go up to around 1.4350 and higher and after that it is more likely to go down to around 1.4300, then to 1.4275 and lower. Watch my tweets for hourly tips and signals. And always know that you make decisions on your own risk.

(Current Price: 1.4320)

$GBPUSD

GBPUSD

For today $GBPUSD is showing bullish mood at first hours, and if it breaks the resistance on 1.6235, it is more likely to go up to around 1.6250 then 1.6275, and after that it have potential to go down to around 1.6200 and lower. If $GBPUSD can’t break resistance it will go down to the levels before I said. For hot signals and my personal orders during the day on $GBPUSD follow my twitter account.

(Current Price: 1.6230)

AUD/USD
No Comment
USD/JPY
No Comment
USD/CHF
No Comment

Have a nice day! Follow me on twitter for real-time updates and forex signals

Daily Currency Forecast and Signal for May 19, 2011

2011-05-18T22:07:00.000-07:00

$EURUSD

EURUSD

It is more likely to go up to around 1.4330 or higher and then it will go down to around 1.4230 and lower. Watch my tweets for hourly tips and signals. And always know that you make decisions on your own risk.
(Current Price: 1.4295)

$GBPUSD

GBPUSD

Today $GBPUSD has potential to go down, but before that it will go high to around 1.6190 and after that it may go down to around 1.6135, then 1.6100 and lower. For my personal orders during the day on $GBPUSD follow my twitter account.

(Current Price: 1.6176)

Daily Currency Forecast and Signal for May 18, 2011

2011-05-17T19:23:00.000-07:00

$EURUSD

EURUSD

It is more likely to go up to around 1.4272 and then it will go down to around 1.4200 and lower.
(Current Price: 1.4250)

$GBPUSD

GBPUSD

And todays Daily Currency Forecast for $GBPUSD needs waiting for the active movement to break out the flat. It also more likely to go up to around 1.6273 or higher and after it will more likely to go down to around 1.6200.

(Current Price: 1.6246)

AUD/USD
No Comment
USD/JPY
No Comment
USD/CHF
No Comment

Have a nice day! Follow me on twitter for real-time updates and forex signals

Weekly Currency Forecast for 15–20 May, 2011

2011-05-15T13:40:00.000-07:00

$EURUSD
Pair broke the trend line from June 2008 and it is more likely to continue it’s way downwards. The levels that price will reach are: 1.4050, 1.4009, 1.3935, 1.3863, 1.3800 and lower. The strongest levels those may oppose are 1.40, 1.39 and 1.38, in this level may be correction of the price.
(Current Price: 1.4105)

EURUSD

$GBPUSD
$GBP couldn’t break through the level 1.6739 and rashly started falling down. It is more likely to go downwards after a little correction to levels: 1.6162, 1.6100, 1.6020, 1.5978 and maybe lower. But there are strong supports in 1.60 and 1.59, in this levels price will go up a little and then continue its fall.
(Current Price: 1.6189)

GBPUSD

AUD/USD
No Comment
USD/JPY
No Comment
USD/CHF
No Comment
Subscribe to my Daily Currency Forecast for more detailed predictions of intraday trading.
Have a nice day! Follow me on twitter for real-time updates and forex signals.

Daily Currency Forecast and Signal for May 11, 2011

2011-05-10T22:52:00.000-07:00

$EURUSD
Resistance and Support Graphic
It is more likely to go down to around 1.4287 after testing the resistance 1.4410. Watch the market and if the price will go through resistance level I recommend to go long.
(Current Price: 1.4395)
$GBPUSD
Resistance and Support Graphic
It’s have strong movement downwards and I think will break the support level 1.6347. If this happens I recommend to go short towards the price 1.6235.
(Current Price: 1.6364)
AUD/USD
No Comment
USD/JPY
No Comment
USD/CHF
No Comment
Have a nice day! Follow me on twitter for real-time updates and forex signals

Daily Currency Forecast and Signal for May 10, 2011

2011-05-09T20:20:00.000-07:00

It is hard to predict, because of unclear situation in Eurozone, here a few upcoming events I recommend to wait to make a decision:

Time	Currency	Event	Impact	Forecast	Previous
6:45	EUR	French Industrial Production	mid	`4.7`	`5.6`
6:45	EUR	French Manufacturing Production	low	`0.4`	`0.7 %`
7:15	CHF	CPI	high	0.5	0.6
7:15	CHF	CPI	high	`0.6`	1

EUR/USD
Resistance and Support Graphic
May be it is more likely to go up to around 1.4520 or higher, and after that, it might have potentially to go down to around 1.4415.
(Current Price: 1.4339)
GBP/USD
Resistance and Support Graphic
May be it is more likely to go up to around 1.6448 or higher, and after that, it might have potentially to go down lower than 1.6347.
(Current Price: 1.6402)
AUD/USD
No Comment
USD/JPY
No Comment
USD/CHF
No Comment

Have a nice day! Follow me on twitter for real-time updates and forex signals

Forex Trading – Daily Currency Forecast

2011-05-08T11:59:00.000-07:00

"It does not matter how slowly you go as long as you do not stop."
Confucius

Hi, this is Jack Shepherd, and I’m a day trader. With starting this blog I want to help beginner traders to start their lucky road to success in this risky business. I call this my job – intraday trade. Everything about how to trade and being profitable every single day you will find out on my blog Forex Trading – Daily Currency Forecast.
I post daily currency forecast and real-time forex signals to help novice traders get their pips. Also you will learn about forex indicators, technical analysis, how to use global news to predict where the price will go and the MOST IMPORTANT part of forex trading – trading psychology.
Forex it’s all about personality, it’s all about the ability of trader to make a decision to enter or not, to stop or keep going, to wait or go forward? Market analysis and technical analysis are made by myself and based on most trusted sources. First of all in my first post I want to show you why did I start blogging about forex daily trading. What are the main ingredients, the reasons that attract people to such risky life? The reasons are:

Profession – Day Trader is the most risky occupation, but also the most profitable.
Time – You will work when you want and how long you need, forex market works 24 hours a day 5 days a week.
Profit – Profit from day trading not even measurable, cause there is no limits on being on “plus”
Secure – I bet you never think that it can be secure business but… it can, you can’t lose more than you have, it will automatically close your order, before you get in debt.
Trading Online – The ability of trading wherever you are, you need only internet connection. Now you can trade through your mobile phone.

These are the main reasons. If you think there can be added a few ones you’ll be right because every trader finds their reason. I appreciate for traders those will not stop on reached goals, those who keep going forward to the success and greater life by helping others who need their hand. Please subscribe to my blog for fresh daily updates. Have a good day!