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GoForecasts.com set new target for EUR/USD
Category: Forex Forecasts & Signals
Posted by GoForecasts.com on December 11, 2017 at 02:20 AM
In the next couple of days EUR/USD will go up with a new target at 1.1860. The target is valid for the next 3 days as the current trading level is below 1.1785.

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Trade in short positions ahead Nonfarm payrolls report
Category: Forex Forecasts & Signals
Posted by World-Signals.com on December 5, 2017 at 03:04 PM
At the end of the business week are expecting positive news for U.S. Nonfarm Payrolls and Unemployment rate. According to World-Signals.com the Unemployment rate may down to 4.0% while Nonfarm payrolls to release at levels between 200K and 240K. But first the focus is over EU GDP and ECB President Draghi's Speech on Thursday.
The Dollar takes advantage over the Euro in the last 3 days and may continue with another 70-100 pips ahead the Friday's report.
The trading strategy is to open short positions with target below 1.1750 while on Friday is possible new direction. As overall we do not expect big movements and trading within 1.1730-50 and 1.1890.

Draghi and Yellen are on focus this week for further EURUSD trend
Category: Forex Forecasts & Signals
Posted by World-Signals.com on November 18, 2017 at 04:04 PM
The Euro and Dollar is in process of waiting for a new direction. The reason is that after more than one month of weak dollar and partially recovery of the dollar is time for new events to put the new trend. In the coming week the news come first on Monday when at 14:00 GMT is ECB President Draghi's Speech and on Tuesday at 23:00 GMT Fed's Yellen Speech.
On Wednesday also World-Signals.com recommend to focus over FOMC Minutes that may send another signals for interest rates changes in United States. USA inflation will cause 0.25% interest rates hike in the next Fed meeting or latest within 3-months ahead.
At the same time ECB probably will hold the interest rates at the same level as long as possible.
There is not clear indicator for the trend this week as we recommend to trade after the key news on Monday and Tuesday with the new trend. We will use the trading idea to buy EURUSD at 1.1680 with target above 1.1870.

Important events from Saudi Arabia push Crude Oil price higher
Category: Energy Market
Posted by World-Signals.com on November 6, 2017 at 02:51 PM
Saudi Arabia moves the Energy market in the last few weeks. The situation in Saudi Arabia is very important and delicate for the price of black gold. The changes in Saudi major ministers, princes also helicopter crash with death of high-ranking officials and Prince Mansour bin Moqren may change dramatically the situation in Saudi Arabia and Energy politic in the Middle East.
The price of Crude Oil jumped in the last few days with more than 7 dollars and may continue after the situation in Saudi Arabia. Also World-Signals.com remembers the meeting in Moscow between Putin and the King of Saudi Arabia. This meeting effect we see in Energy market and the effect continue for months ahead.

GoForecasts.com set new target for GBP/USD
Category: Forex Forecasts & Signals
Posted by GoForecasts.com on October 25, 2017 at 07:56 AM
Although the big rally of the pound of 1.3120 to 1.3250 in 4-hours only the rally is not end. GoForecasts.com set new target at 1.3305. The best entry is at correction at 1.3210/20 as the target is valid for the next 3-days.

GoForecasts.com is a special service that provides instant market orders in your best time for trading. Do not wake up during the night! Trade in your session with us!

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