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GoForecasts.com set new target for USD/CHF
Category: Forex Forecasts & Signals
Posted by GoForecasts.com on January 17, 2019 at 11:35 AM
GoForecasts.com set new target for USD/CHF.
In the next hours till the end of the week USD/CHF will turn down. The real turn down will happens next week.
GoForecasts.com set new target for USD/CHF trading at 0.9835. The target is valid for the next week. The current trading is at levels of 0.9925.

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Full of fundamental events this week may cause trading within the range of EURUSD
Category: Forex Forecasts & Signals
Posted by ForexNewsAgency on November 25, 2018 at 03:06 PM
EURUSD (1.1334)
Trend: Neutral
Support/Resistance: 1.1260 - 1.1500
The new week start with interesting news from Monday. The important IFO report followed by ECB President Draghi's Speech may set a new direction of the trading. On Wednesday we will focus over the United States GDP (Q3) and CPI. A large number of fundamental events will follow on Thursday as the most important is FOMC Minutes. Friday will end with key events for Euro Zone like Unemployment rate and CPI Index. All these events will cause moves into both directions.
World-Signals.com trading strategy this week is to trade within the trading range and use both directions for trading. If the trading of EURUSD breaks below 1.1260 then expect levels of 1.1100.

Weekly Strategy - New sanctions against European companies will support the dollar
Category: Forex Forecasts & Signals
Posted by World-Signals.com on August 19, 2018 at 11:36 AM
EURUSD (1.1438)
Trend: Neutral
Support/Resistance: 1.1300 - 1.1525
This week we recommend focusing on Wednesday of FOMC Minutes, ECB Monetary Policy Meeting Accounts on Thursday and Germany GDP on Friday. But the focus is not so over the fundamentals events. The key events that will move the Dollar is the new trade war Unites States against one third of the world. Turkey is the last country with sanction and that push Turkey to avoid Dollar trading. This is the last country release by the Dollar but new countries will follow the tendency to avoid Dollar in international trading.
The Dollar nevertheless may continue with the gains because many new European companies will face with sanction due to North Stream 2. This will give a new fresh power for the dollar this week but as overall the trading will remain into neutral direction.
World-Signals.com trading strategy is to trade within the trading range of 1.1300 and 1.1525 this week.

Russia cut U.S.Treasury securities with 50% as it never happens in the past
Category: Forex News
Posted by World-Signals.com on June 18, 2018 at 01:41 AM
Step by step the dominant of the Dollar is close to end. Russia who own $95 billion of U.S. Treasury securities cut it to $48 billion in April 2018. The cut is almost 50% and if China follows Russia the pressure over the Dollar will raise dramatically.
Trade war that already started between United States and rest world is a fact. The number of countries connected with the trade war raise every day. The most affected countries are China, Germany, Canada, India, Euro Zone and others. These countries are backing off.
In a short-term the Dollar will gain but in long-term the effect over the Dollar may become negative.
World-Signals.com trading strategy is to hold short EURUSD positions in a short-term period.

Weekly Strategy - Trump - Kim Chen Un meeting and Fed interest rates decision on focus this week
Category: Forex Forecasts & Signals
Posted by World-Signals.com on June 11, 2018 at 01:32 AM
EURUSD (1.1796)
Trend: Neutral/Downward
Support/Resistance: 1.1510 - 1.1890
The politic is more important this week than the fundamental events. Probably the event for the year is the expecting meeting on Tuesday in Singapore between Trump and Kim Chen Un. The results by the Singapore meeting are important for the forex market and the Dollar.
The other key event is from the last week in Canada. The faction in the Group of G7 will cause influence over the financial markets and mainly in Euro - Dollar.
The major fundamental event is schedule for Wednesday FOMC Interest rates decision. It is widely expecting Fed to hike the interest rates with 25bps to 2.00%. ECB interest rates decision is schedule for Thursday but is not expecting changes.
As overall the events may support the Dollar as we can see levels again back down to the key support at 1.1510. World-Signals.com trading strategy this week as overall is to trade into neutral direction and after the mid of the week into downward direction.

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