Forex Factory Forex Predictions

Are you looking for the best Forex Factory Forex Predictions as voted by the members of the Forex Factory?

If your not familiar with the Forex Factory, it's currently the most popular Forex Forum online today, giving you up to date news on just about anything Forex related.

One powerful thread where posters have delivered vast information on a daily basis is the Forex Predictions thread.

Forex Predictions are a tool every Forex Trader seeks to acquire when trading on various currency pairs. Being able to predict the market would obviously make the Forex game a darn sight lot easier.

Here, in the Forex Predictions thread users have posted their best and worst Forex prediction software available on the market right now.

Just to clarify what Forex prediction software can actually do - it simply trades within the margins you have input, being your stop loss and take profit margins - snatching pips and scalping trades on autopilot 24/7.

Forex Prediction software doesn't so much predict a currency pairs outcome, but it will allow you to conduct automated trading within tight margins. Here, prediction software will forecast the best rate at which to sell in order to accumulate the highest rate of return.

The Forex Factory is an excellent place to gauge real life traders feedback from various software packages and compare what works well for many traders and what doesn't.

Being able to master Forex Predictions, which for every trader would be gold - are now the hottest Forex software systems selling on the Forex market today.

USDCHF Analysis

USDCHF might be forming a cycle top at 1.1277 on daily chart. Pullback to retest 1.0366 previous low support is expected in next several days. A break below this level will indicated that the long term downtrend from 1.2296 has resumed, and the next target would be at 0.9800 zone. However, above 1.1277 will signify lengthier correction of the long term downtrend is underway, and further rally could be seen to 1.1500 level.

For long term analysis, USDCHF has formed a cycle top at 1.2296 on weekly and monthly chart. Further fall to retest 0.9634 (Mar 17 low) support could be seen.

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