Forex Forecast
- Details
- Created on Sunday, 04 April 2010 09:40
- Written by Ivan Yurukov
Forex forecasts are something that everyone is probably interested in. Forecasts of monetary exchange are quite common. If you search the Internet for Forex forecasts you will certainly find many. But you should not trust them immensely, but use them as an auxiliary tool.
It is desirable to learn to use this tool very carefully and learn to extract only useful information from it. You should definitely be aware of the fact that if someone knows for sure what will happen and his predictions are mostly correct he would hardly publish them.
Forex forecasts can be divided into two main types:
- Forecasts based on a fundamental news of great importance
- Forecasts based on technical / statistical analysis
Each type of forecast has its advantages and disadvantages. They are object of another article. ForexTrading-EA.com is a place that makes predictions based on statistical data. Here you can vote and give your vote tomorrow’s movement of the main currency pair EUR / USD.
The main advantage of ForexTrading-EA.com forecasts is that on their base there is a robot which trades on a demo trading account and the results are frequently updated every 5 minutes. All About Forex forecast you can find in ForexTrading-EA.com.