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Monthly Archives: May 2016

Forex Forecast May 31st 2016

USDX Forex Forecast May 31st 2016

Good morning, we hope everyone enjoyed their Memorial weekend. We are back to taking some new trades, we closed out all of our trades on Friday so it is time to stack up some new ones. We start by reviewing the economic calendar (HERE), we see that there are a couple of news events that can impact the currencies around ...

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Forex Forecast May 27th 2016

USDX Forex Forecast May 27th 2016

Yesterday we had a drop on the USDX (dollar index) that came down to a previous low that we predicted earlier this week. We are now looking at the USDX (dollar index) to climb back up again. Let’s take a look at our economic calendar first (HERE) to see if there is anything that is going to help the dollar ...

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Forex Forecast May 26th 2016

USDX Forex Forecast May 26th 2016

Today we are looking to see if we can’t find a couple of good setups, we start by reviewing our economic calendar (HERE), we see that there are a couple of new events from USA today that will most likely move the USD pair currencies. Now we have to look at the USDX (dollar index) to see where it’s going, ...

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Forex Forecast May 25th 2016

USDX Forex Forecast May 25th 2016

Today we are looking for a couple of new trades since our EUR/USD trades closed out after SL being triggered (positive). We managed to take a combined pip count of around 210 pips before closing out. We are looking for another day like that today. We start by reviewing the economic calendar (HERE) to see what news events may move ...

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Forex Forecast May 24th 2016

USDX Forex Forecast May 24th 2016

Today we are again looking for some new trade opportunities. We saw that our prediction of news and dollar index was spot on from yesterday (see HERE), we ended up with 4 trades on EUR/USD and while they were struggling all day due to the forecast we had and that we anticipated, we today are sitting with a nice profit and ...

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Forex Forecast May 23rd 2016

USDX Forex Forecast May23rd 2016

Happy Monday, we have begun a new week and hopefully one with a lot of pips in profits (green week). So we are again taking a look at our economic calendar (HERE) to see if there are any news that will move the currencies. We see that numbers from Europe didn’t meet expectations and we noticed that when we take ...

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