FreshForex Forecast

[Hung Yu So]

AUD/USD started the week with having strong bullish trend, but got dropped sharply before recovery well. However, with a lot of pressure the week ended nowhere. But we do expect it to pick up soon, as we have seen with this pair in past few months. So, we are absolutely bullish about this.

[Hung Yu So]

USD/CHF was in bearish trend with slight pickup, but the pressure was too much, which made the way for the drop and in coming weeks, we are likely to see similar space, as there is no event to say things as otherwise. A good opportunity to buy at any dip and make good profits without looking for holding up.

[Hung Yu So]

USD/CAD was in mixed zone this week, as the pairs started from the bearish zone, but was seen met by major drops. However, it was able to recover somewhat and to reach the same levels the week started off with. With the pair unlikely to stay in one direction due to the uncertainty, scalpers are licking their lips.

[Hung Yu So]

Bitcoin is giving nightmares to people with the price dropping crazily. Within last couple of week, the price has dropped off nearly 40-50%, which is unbelievable. With such crazy run, to expect it to recover is not crazy! However, it’s no time to play with fire, so staying on hold seems to be the BEST bet.

[macstrong12]

Bitcoin is giving nightmares to people with the price dropping crazily. Within last couple of week, the price has dropped off nearly 40-50%, which is unbelievable. With such crazy run, to expect it to recover is not crazy! However, it’s no time to play with fire, so staying on hold seems to be the BEST bet.

I still can't believe it , dropping from 6300$ to 3800$ in one week!
Miners are selling their stuffs , still difficulty network of bitcoin hasn't changed much , Means majority still believe in bitcoin , I don't know how deep it can go , but I hold it!

[Hung Yu So]

This pair so far moved high to begin the week, but as we moved ahead, there was major dip. Now, it’s stuck below 1.1350 levels, it’s highly likely that we might see the pair dip inside 1.13 mark, but for now there are no clarity in trending. We are neutral on this pair.

[Hung Yu So]

This pair moved rapidly to both directions. The week begin on high before we saw dramatic drop but soon it jumped 150 pips to once again shed it. Now, we are into another recovery of sorts, but the trend is not clear. We are neutral on this pair.

[Hung Yu So]

This pair moved down extremely fast with shedding almost 120 pips. We did saw recovery since yesterday but we expect things to turn around once again towards the bearish mark with no major news to change it. We are absolutely bearish on this pair.

[Hung Yu So]

This pair moved down easily much like other JPY pairs. We are watching some corrections but mostly the expectations and trend is clearly indicating another wave of bears coming up. It signs to a good opportunity downside. We are very sure of a bearish trend on this pair.

[Hung Yu So]

EUR/USD pair is moving steady with the first week of 2019 in play. We are unlikely to see any dramatic movement ahead for the week, so this is a very good period if one likes doing scalping. However, for long term traders, this is not exactly the time to enter due to no clarity with the trending.

[Hung Yu So]

GBP/USD pair has shown negative trending with dropping over 100 pips in last 24 hours or so. We are likely to see it hold up for the reminder of the week, but we just need to ensure that we don’t make any major traders. It will be good time to buy but only for next few days.

[Hung Yu So]

USD/JPY continued on the downside as the pair dropped near 500 pips over last 2 weeks. We are likely to see some pickup, but by large the trend is heavily in favour of the bears. So, it is best to go for short on any major climb in present situation.

[Hung Yu So]

EUR/JPY pair too continued its downslide with the pair going near 124, before we saw some recovery. However, the larger picture remains bearish and it will be a good opportunity to go for shorts, but we just need to get the timing right.

[CucakRowo]

Really nice if you can provide weekly chart also.
At least we can figure out in where those trend will go

[Hung Yu So]

USD/CAD pair this week was in pretty bullish zone, as we saw it climb towards 1.33 levels, before closing out just below it at 1.3280 levels. Overall the trend is pretty uncertain given the scenario. But we can be fair to say that it is a good opportunity to go shorts here.

[Hung Yu So]

BTC this week was pretty dull before yesterday showing monstrous jump and suddenly is aiming towards the 4000 levels, but with the recent history of it, there is too much to be certain about. But in overall scenario, it is not BAD opportunity to get in if one can afford it.

[Hung Yu So]

ETH much like BTC saw HUGE movement with going up nearly 15-20% in one shot and with how things are building up, it will be fair that it might reach towards 150 level in blink of an eye, but it could reverse up equally quickly as well!

[Hung Yu So]

LTC was amongst the BIGGEST mover this week with gaining nearly 30% and doesn’t seems to be stopping here. It is a great opportunity to get in especially till it is inside 50 levels. We could see that crossed very soon as well with how things are going so far.

[Hung Yu So]

BTC was back to old story with dropping around 3.7k levels, as we saw it racing pass the 4k mark before getting pulled equally quickly, which means now everything is back to level 1. It could be a good opportunity to go for long, but with BTC, nothing can be said with absolute certainty!

[Hung Yu So]

ETH was amongst the BEST performing Crypto in recent month, but it too went down equally fast and now sits below 130 levels, there is great hope of it once again moving pass the 150 levels, but with the uncertainty that keeps coming back, it’s just too tough to say anything for sure!