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Daily Forex Fundamental and Technical Analysis



Fundamental
Pound Plunges as UK Economy Faces Turbulent Times. Forecast as of 09.01.2025 09:20 Pound Plunges as UK Economy Faces Turbulent Times. Forecast as of 09.01.2025
US Fed Insists on Rate Cuts. Forecast as of 23.12.2024 05:50 US Fed Insists on Rate Cuts. Forecast as of 23.12.2024
EURUSD Collapses Amid Fed's Hawkish Cut. Forecast as of 19.12.2024 05:50 EURUSD Collapses Amid Fed's Hawkish Cut. Forecast as of 19.12.2024
Fed to Slow Rate Cuts. Forecast as of 18.12.2024 05:40 Fed to Slow Rate Cuts. Forecast as of 18.12.2024
Gold May Sink As Fed Pause Nears. Forecast as of 17.12.2024 09:00 Gold May Sink As Fed Pause Nears. Forecast as of 17.12.2024
Pound Sinks After Disappointing UK Data. Forecast as of 21.11.2024 10:00 Pound Sinks After Disappointing UK Data. Forecast as of 21.11.2024
US Dollar Advances as Fed Pause Unlikely. Forecast as of 14.11.2024 07:40 US Dollar Advances as Fed Pause Unlikely. Forecast as of 14.11.2024
The Euro is Shocked. Will the ECB Follow the Fed? Forecast as of 15.10.2024 05:00 The Euro is Shocked. Will the ECB Follow the Fed? Forecast as of 15.10.2024
US Dollar May Soar on Fed Mistake. Forecast as of 09.10.2024 04:50 US Dollar May Soar on Fed Mistake. Forecast as of 09.10.2024
Gold Retreats as Hopes for Big Fed Cut Fade. Forecast as of 08.10.2024 08:30 Gold Retreats as Hopes for Big Fed Cut Fade. Forecast as of 08.10.2024
Yen Depends on Fed Actions. Forecast as of 23.09.2024 09:00 Yen Depends on Fed Actions. Forecast as of 23.09.2024
US Dollar Declines After Fed's Aggressive Cut. Forecast as of 23.09.2024 04:40 US Dollar Declines After Fed's Aggressive Cut. Forecast as of 23.09.2024
Fed Starts with Bold Move. Forecast as of 19.09.2024 04:40 Fed Starts with Bold Move. Forecast as of 19.09.2024
Loonie Rate Hinges on Fed Cut Size. Forecast as of 18.09.2024 08:40 Loonie Rate Hinges on Fed Cut Size. Forecast as of 18.09.2024
EURUSD Poised to Plunge Ahead of Fed Cut. Forecast as of 18.09.2024 04:40 EURUSD Poised to Plunge Ahead of Fed Cut. Forecast as of 18.09.2024
Gold May Edge Lower After Fed Decision. Forecast as of 17.09.2024 09:10 Gold May Edge Lower After Fed Decision. Forecast as of 17.09.2024
Fed Inclines to Dovish Stance. Forecast as of 17.09.2024 04:30 Fed Inclines to Dovish Stance. Forecast as of 17.09.2024
US Dollar Braces for Fed Decision. Forecast as of 16.09.2024 04:50 US Dollar Braces for Fed Decision. Forecast as of 16.09.2024
Yen Soars on Differing Fed-BoJ Policy Outlooks. Forecast as of 02.09.2024 08:40 Yen Soars on Differing Fed-BoJ Policy Outlooks. Forecast as of 02.09.2024
Japanese Yen Strengthens on Fed-BoJ Divergence. Forecast as of 26.08.2024 08:30 Japanese Yen Strengthens on Fed-BoJ Divergence. Forecast as of 26.08.2024
US Dollar to Pay Price for Fed Mistakes. Forecast as of 05.08.2024 05:00 US Dollar to Pay Price for Fed Mistakes. Forecast as of 05.08.2024
US Dollar Awaits Guidance from Fed. Forecast as of 31.07.2024 04:50 US Dollar Awaits Guidance from Fed. Forecast as of 31.07.2024
Markets Await Rate Cut Signals from Fed. Forecast as of 29.07.2024 04:50 Markets Await Rate Cut Signals from Fed. Forecast as of 29.07.2024
US Dollar Disregards Fed. Forecast as of 24.07.2024 04:40 US Dollar Disregards Fed. Forecast as of 24.07.2024
AUD to MYR Forecast for 2024, 2025-2026 and Beyond 10:40 AUD to MYR Forecast for 2024, 2025-2026 and Beyond
Fed Needs Greater Confidence to Cut Rates. Forecast as of 11.07.2024 04:50 Fed Needs Greater Confidence to Cut Rates. Forecast as of 11.07.2024
Silver Awaits Fed Rate Cut. Forecast as of 09.07.2024 08:40 Silver Awaits Fed Rate Cut. Forecast as of 09.07.2024
US Dollar Soars on Fed Fears. Forecast as of 03.07.2024 04:40 US Dollar Soars on Fed Fears. Forecast as of 03.07.2024
JPY is under pressure. Overview for 14.06.2024 04:40 JPY is under pressure. Overview for 14.06.2024
EURUSD falls again. Overview for 14.06.2024 04:40 EURUSD falls again. Overview for 14.06.2024
AUD looks strong. Review for 13.06.2024 05:40 AUD looks strong. Review for 13.06.2024
EURUSD experienced significant volatility. Overview for 13.06.2024 05:40 EURUSD experienced significant volatility. Overview for 13.06.2024
JPY remains under pressure. Overview for 12.06.2024 05:50 JPY remains under pressure. Overview for 12.06.2024
EURUSD declines. Overview for 12.06.2024 05:20 EURUSD declines. Overview for 12.06.2024
EURUSD remains at a local minimum. Overview for 11.06.2024 06:00 EURUSD remains at a local minimum. Overview for 11.06.2024
GBP attempts to rise. Overview for 11.06.2024 06:00 GBP attempts to rise. Overview for 11.06.2024
EUR fell to a four-week low. Overview for 10.06.2024 06:20 EUR fell to a four-week low. Overview for 10.06.2024
NZD survived a crash. Overview for 10.06.2024 06:20 NZD survived a crash. Overview for 10.06.2024
ECB cut the rate, and EUR remained strong. Overview for 07.06.2024 05:30 ECB cut the rate, and EUR remained strong. Overview for 07.06.2024
JPY takes a pause. Overview for 07.06.2024 05:00 JPY takes a pause. Overview for 07.06.2024
AUD is on the rise. Overview for 06.06.2024 05:00 AUD is on the rise. Overview for 06.06.2024
CAD has strengthened. Overview for 06.06.2024 05:00 CAD has strengthened. Overview for 06.06.2024
EURUSD corrected itself. Overview for 05.06.2024 05:10 EURUSD corrected itself. Overview for 05.06.2024
AUD is unsettled. Overview for 05.06.2024 05:10 AUD is unsettled. Overview for 05.06.2024
JPY has risen in value. Overview for 04.06.2024 05:10 JPY has risen in value. Overview for 04.06.2024
EUR has surged. Overview for 04.06.2024 05:10 EUR has surged. Overview for 04.06.2024
NZD continues its ascent. Overview for 03.06.2024 07:20 NZD continues its ascent. Overview for 03.06.2024
EUR has risen a bit more. Overview for 03.06.2024 07:20 EUR has risen a bit more. Overview for 03.06.2024
NZD is rising. Overview for 31.05.2024 06:40 NZD is rising. Overview for 31.05.2024
EUR is growing, but the dollar is gloomy. Overview for 31.05.2024 06:40 EUR is growing, but the dollar is gloomy. Overview for 31.05.2024
Technical
XAU/USD: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25 11:50 XAU/USD: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25
WTI Crude Oil: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25 11:20 WTI Crude Oil: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25
USD/JPY: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25 10:50 USD/JPY: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25
GBP/USD: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25 10:20 GBP/USD: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25
Loonie Caught the President Lying. Forecast as of 10.01.2025 10:00 Loonie Caught the President Lying. Forecast as of 10.01.2025
EUR/USD: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25 09:50 EUR/USD: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25
USD/CHF: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25 09:20 USD/CHF: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25
USD/СAD: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25 09:10 USD/СAD: Elliott Wave Analysis and Forecast for 10.01.25 – 17.01.25
Short-Term Analysis for Oil, Gold, and EURUSD for 10.01.2025 07:10 Short-Term Analysis for Oil, Gold, and EURUSD for 10.01.2025
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 10.01.2025 06:30 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 10.01.2025
US Dollar Leaves All Its Counterparts Behind. Forecast as of 10.01.2025 05:40 US Dollar Leaves All Its Counterparts Behind. Forecast as of 10.01.2025
LiteFinance 20th Anniversary Challenge: How to Earn Points and Win Prizes 11:50 LiteFinance 20th Anniversary Challenge: How to Earn Points and Win Prizes
Economic Calendar for the Week 13.01.2025 – 19.01.2025 11:30 Economic Calendar for the Week 13.01.2025 – 19.01.2025
Pound Plunges as UK Economy Faces Turbulent Times. Forecast as of 09.01.2025 09:20 Pound Plunges as UK Economy Faces Turbulent Times. Forecast as of 09.01.2025
Bearish Harami Candlestick Pattern 08:00 Bearish Harami Candlestick Pattern
Short-Term Analysis for Oil, Gold, and EURUSD for 09.01.2025 07:00 Short-Term Analysis for Oil, Gold, and EURUSD for 09.01.2025
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 09.01.2025 06:00 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 09.01.2025
Greenback Appreciates Ahead of US Labor Market Report. Forecast as of 09.01.2025 06:00 Greenback Appreciates Ahead of US Labor Market Report. Forecast as of 09.01.2025
Aussie Takes Nosedive to Multi-Month Lows. Forecast as of 08.01.2025 09:30 Aussie Takes Nosedive to Multi-Month Lows. Forecast as of 08.01.2025
Short-Term Analysis for Oil, Gold, and EURUSD for 08.01.2025 07:00 Short-Term Analysis for Oil, Gold, and EURUSD for 08.01.2025
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 08.01.2025 06:00 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 08.01.2025
US Dollar Braces for Roller Coaster Ride in 2025. Forecast as of 08.01.2025 05:40 US Dollar Braces for Roller Coaster Ride in 2025. Forecast as of 08.01.2025
Gold Outlook Blurred as Trump's Policies Fan Uncertainty. Forecast as of 07.01.2025 09:30 Gold Outlook Blurred as Trump's Policies Fan Uncertainty. Forecast as of 07.01.2025
Short-Term Analysis for Oil, Gold, and EURUSD for 07.01.2025 07:10 Short-Term Analysis for Oil, Gold, and EURUSD for 07.01.2025
US Dollar Slides as Market Ponders Trump Tariffs. Forecast as of 07.01.2025 05:50 US Dollar Slides as Market Ponders Trump Tariffs. Forecast as of 07.01.2025
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.01.2025 05:20 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.01.2025
Economic Calendar for the Week 06.01.2025 – 12.01.2025 09:10 Economic Calendar for the Week 06.01.2025 – 12.01.2025
Yen Continues to Lose Ground Against Greenback. Forecast as of 06.01.2025 08:50 Yen Continues to Lose Ground Against Greenback. Forecast as of 06.01.2025
Short-Term Analysis for Oil, Gold, and EURUSD for 06.01.2025 06:40 Short-Term Analysis for Oil, Gold, and EURUSD for 06.01.2025
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.01.2025 05:50 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.01.2025
EURUSD Approaches Parity Level. Forecast as of 06.01.2025 05:40 EURUSD Approaches Parity Level. Forecast as of 06.01.2025
LiteFinance 20th Anniversary Challenge: Detailed Contest Overview 06:00 LiteFinance 20th Anniversary Challenge: Detailed Contest Overview
US Dollar May Face Roadblocks in 2025. Forecast as of 31.12.2024 06:00 US Dollar May Face Roadblocks in 2025. Forecast as of 31.12.2024
DraftKings (DKNG) Stock Forecast & Predictions for 2024, 2025, 2026–2030 and Beyond 10:10 DraftKings (DKNG) Stock Forecast & Predictions for 2024, 2025, 2026–2030 and Beyond
Yen Fails to Meet Expectations. Forecast as of 30.12.2024 09:00 Yen Fails to Meet Expectations. Forecast as of 30.12.2024
US Dollar Outperforms Its Counterparts. Forecast as of 30.12.2024 05:50 US Dollar Outperforms Its Counterparts. Forecast as of 30.12.2024
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 30.12.2024 05:30 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 30.12.2024
XAU/USD: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25 11:30 XAU/USD: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25
WTI Crude Oil: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25 11:00 WTI Crude Oil: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25
USD/JPY: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25 10:30 USD/JPY: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25
GBP/USD: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25 10:00 GBP/USD: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25
Silver Will Take Revenge. Forecast as of 27.12.2024 09:30 Silver Will Take Revenge. Forecast as of 27.12.2024
EUR/USD: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25 09:30 EUR/USD: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25
USD/CHF: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25 09:00 USD/CHF: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25
USD/СAD: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25 08:40 USD/СAD: Elliott Wave Analysis and Forecast for 27.12.24 – 03.01.25
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 27.12.2024 06:20 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 27.12.2024
AI Technology Boosts US Dollar. Forecast as of 27.12.2024 05:40 AI Technology Boosts US Dollar. Forecast as of 27.12.2024
Pound May Appreciate on Santa Claus Rally. Forecast as of 26.12.2024 09:10 Pound May Appreciate on Santa Claus Rally. Forecast as of 26.12.2024
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 26.12.2024 05:50 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 26.12.2024
Trump's Pledges to Define EURUSD's Rate. Forecast as of 26.12.2024 05:50 Trump's Pledges to Define EURUSD's Rate. Forecast as of 26.12.2024


Forex Analysis from banks

28.01.2022
Commerzbank EUR/USD
Commerzbank has updated its 2022 EUR/USD forecast: Q1 - 1.12, Q2 - 1.10, Q3 - 1.09, Q4 - 1.12. 
28.01.2022
Credit Suisse EUR/USD
According to commentary of David Sneddon, a strategist of technical analysis, a break-down of the support at 1.1272 gives an opportunity for a further decline of the EUR/USD to 1.1019 in the short-term.
28.01.2022
Danske Bank EUR/USD
Danske identified 3 main factors on EUR/USD: 1) changing investment environment; 2) European data is likely to disappoint and 3) the Euro is too strong compared to Eurozone fundamentals. These three factors, as well as the hawkish stance of the Fed and the IMF lowering its global growth forecast, will contribute to the EUR/USD's decline. The bank believes the pair will move even lower in the coming quarters and fall to 1.08 in by the end of 2022.
25.01.2022
Deutsche Bank EUR/USD
Economists from Deutsche Bank revised their forecast for EUR/USD. According to them the pair will fall to 1.1 in the first half of 2022, after which it will return back to 1.15 by the end of the year and 1.2 in 2023.
24.01.2022
CitiBank EUR/USD
In its weekly review on January 24, Citibank revised its 6-12-month average forecast for the EUR/USD exchange rate to 1.13 from 1.12. The bank believes that if the pair can consolidate above 1.139, it will open a further opportunity for growth to 1.174. In the long term the Fed's rate hike will boost the dollar.
07.04.2020
Societe Generale EUR/USD
Analysts in Societe General are bullish on Euro/Dollar and forecasting that pair could hit 1.11 by the end of June, 1.13 in the third quarter and 1.14 by the end of 2020.
01.04.2020
Commerzbank EUR/USD
Analytics for Commerzbank forecast that EUR/USD rate will be traded at 1.1 in the 2d quarter and 1.12 in the 3d quarter. By the end of the year, the price will reach 1.14 and 1.16 in the Q1 of 2021. Bank does not expect changes in central bank rates: Fed rate will stay at 0.0 - 0.25% ad ECB at -0.5%.
01.04.2020
Nordea EUR/USD
In Nordea forecasts that EUR/USD will be traded at 1.11 in 3-month term and 1.17 by the end of the 2020 year. The rescue QE program that was launched by the Fed to support the economy from coronavirus effect will have a negative effect for USD. From the other hand, in further collapsing of the global economy, the bank expects increasing inflows in the US dollar as a safe-haven currency and EUR/USD could go to parity. 
20.02.2020
Westpac AUD/USD
Analysts from Westpac forecast that AUD/USD could fall to the minimums levels of the 2009 year toward 0.65. 
19.02.2020
Scotiabank USD/CAD
According to fundamental Fair Value Model from Scotiabank, the rate for USDCAD should be 1.3015 in medium-term. A break of short-term support level 1.3235 should open perspectives for slide down to 1.3140/50.  For upside move, the pair need to breach resistance at 1.33.  
18.02.2020
CitiBank GBP/USD

Analysts from Citi view a chance that UK can leave EU on WTO terms, that can add some optimism in economic conditions. The bank forecasts that GBP/USD can move up towards 1.38 in the next 6-12 month. 

In the short term, the perspectives for pair are staying near or below 1.29.

18.02.2020
Danske Bank USD/JPY
Experts from Danske see the average rate for USD/JPY will be 112 in the next 6-12 month. In short-term period the pair will be traded in the range of 108-110. 
23.11.2019
ING Bank GBP/USD
ING Bank predicts the growth of GBP/USD to 1.33 if the Conservative party will win in UK election. 
04.11.2019
CitiBank EUR/USD

Citibank forecasts further decline of EUR/USD to 1.0864 level. If Fed cut interest rate, EUR can get support in the long-term period. 


04.11.2019
CitiBank DOLLAR-INDEX
Analysts from Citibank forecasts that Dollar Index will stay near 97.97 points in the next three month. In the long term period (6-12 month) index can drop to 97.35 - 89.26.
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