something interesting

<  BACK TO Market Analysis

Weekly FOREX Forecast

EURUSD bears finally managed a daily close (5 pm EST) below channel support last week. We have discussed the potential for a shift lower since the pair carved out the September 8th bearish pin bar from 1.2040.

Monday’s close of 1.1845 broke channel support along with the 1.1875 horizontal support area. Sellers took control of the following two sessions until buyers stepped up on Thursday and Friday to force a retest of the September 14th low at 1.1837.

Before last week, buyers hadn’t given up a handle since late April. Every time the pair has closed a session above a key level, they haven’t given it back.

It is true that the single currency has dipped below support levels since April. We’ve even seen a few lower wicks pierce the 1.1875 area starting with the August 31st bullish rejection candle.

However, buyers have always lifted the price back above support before the New York close at 5 pm EST. This has been the case since the single currency claimed the 1.0860 handle on April 24th.

This is an important observation because it offers some insight into the September 25th breakdown. While there are never any guarantees, I do anticipate at least one more leg down toward 1.1670.

In fact, I’m partial to a move toward the 1.1490 area and perhaps 1.1300 before it’s all over. I could be wrong, but it would be difficult to deny that the single currency was and still is in need of a pullback.

Any bearish price action from the 1.1840/75 resistance area this week could offer a favorable opportunity to get short. The first target would be the August low at 1.1670.

The GBPUSD continued its moderate pullback last week after finding selling pressure from the 2014 trend line. We discussed this level and the idea of a move lower in the September 17th weekly forecast.

Then on Tuesday, I mentioned how the pair was breaking below 1.3445 support on an intraday basis. Although buyers managed to close the pair back above the level before the 5 pm EST close, they failed to do so again on Wednesday.

Thursday retested the 1.3445 area as new resistance and encountered an influx of selling pressure in the process.

As long as 1.3445 holds on a daily closing basis, the GBPUSD is at risk of pulling back further. The first stop would be 1.3250 with a daily close below that exposing the 1.3020 area.

Alternatively, a daily close back above 1.3445 would suggest that buyers intend to regain control. It would also expose trend line resistance that extends from the 2014 high near 1.3540.

As long as the 0.9435 support area is intact, the USDCHF is range-bound. 

Traders should respect the bullish connotations of this range, particularly given the bounce higher over the last three weeks.

There are two key levels I’m keeping an eye on at the moment. The first is the horizontal level at 0.9770. The area has capped every advance since the pair closed below it on May 19th.

It’s also the 38.2% Fibonacci retracement when measuring from the December 2016 high to the current 2017 low.

The second level of interest is the trend line that extends from the current 2017 high at 1.0334. Because this trend line begins at such a prominent high, chances are it will become a factor if tested.

Even if we do get a daily close (5 pm EST) above this confluence of resistance near 0.9800, I’ll need some additional confirmation before considering an entry.

The USDCHF can be choppier than other U.S. dollar pairs. The choppy price action can lead to an increase in false breaks. One way to combat that is to wait for confirming price action such as a pin bar.

I’m going to stay on the sideline for now. A daily close above the 0.9800 area followed by bullish price action during the retest could make for an attractive setup. Alternatively, a close below range support at 0.9435 would shift my focus lower.

The AUDUSD hit our target of 0.7820 last week. Those who sold the pair near 0.7980 made 150+ pips per last week’s trade idea.

Not surprisingly the Aussie caught a bid on Thursday. The buying pressure was strong enough to carve a bullish pin bar from the 0.7820 key support area.

However, buyers struggled to capitalize on the bullish formation on Friday and lost more ground ahead of the weekend.

From here a daily close below 0.7820 would signal the next leg lower. Alternatively, a push higher would likely encounter sellers near the 0.7955 area.

Note that 0.7730 is also the 50% retracement when measuring from the May low to the current September high. You’ll also notice that 0.7820 is the 38.2% Fibonacci retracement of the same range.

‍I haven’t mentioned the EURAUD in quite some time. Like many of the crosses, there hasn’t been much to look at from a technical perspective.

However, that may be about to change. It appears we have a 1,600 pip wedge pattern in the works that if broken could lead to an aggressive move one way or the other.

One of my requirements for trading a break of consolidation is that the pattern must have at least three touches on both sides. As you can see from the chart below, wedge support has managed to do just that.

But we only have two points that form the resistance level. As such, I’m going to wait to see how the pair reacts in the 1.5140 area if tested over the coming weeks.

If sellers reject the advance and this wedge takes on a more definitive look, then we might have something here. I’ll be sure to keep an eye on this one and mention future key support or resistance levels once we have more information.

Source: dailypriceaction.com

EURUSD bears finally managed a daily close (5 pm EST) below channel support last week. We have discussed the potential for a shift lower since the pair carved out the September 8th bearish pin bar from 1.2040.

Monday’s close of 1.1845 broke channel support along with the 1.1875 horizontal support area. Sellers took control of the following two sessions until buyers stepped up on Thursday and Friday to force a retest of the September 14th low at 1.1837.

Before last week, buyers hadn’t given up a handle since late April. Every time the pair has closed a session above a key level, they haven’t given it back.

It is true that the single currency has dipped below support levels since April. We’ve even seen a few lower wicks pierce the 1.1875 area starting with the August 31st bullish rejection candle.

However, buyers have always lifted the price back above support before the New York close at 5 pm EST. This has been the case since the single currency claimed the 1.0860 handle on April 24th.

This is an important observation because it offers some insight into the September 25th breakdown. While there are never any guarantees, I do anticipate at least one more leg down toward 1.1670.

In fact, I’m partial to a move toward the 1.1490 area and perhaps 1.1300 before it’s all over. I could be wrong, but it would be difficult to deny that the single currency was and still is in need of a pullback.

Any bearish price action from the 1.1840/75 resistance area this week could offer a favorable opportunity to get short. The first target would be the August low at 1.1670.

The GBPUSD continued its moderate pullback last week after finding selling pressure from the 2014 trend line. We discussed this level and the idea of a move lower in the September 17th weekly forecast.

Then on Tuesday, I mentioned how the pair was breaking below 1.3445 support on an intraday basis. Although buyers managed to close the pair back above the level before the 5 pm EST close, they failed to do so again on Wednesday.

Thursday retested the 1.3445 area as new resistance and encountered an influx of selling pressure in the process.

As long as 1.3445 holds on a daily closing basis, the GBPUSD is at risk of pulling back further. The first stop would be 1.3250 with a daily close below that exposing the 1.3020 area.

Alternatively, a daily close back above 1.3445 would suggest that buyers intend to regain control. It would also expose trend line resistance that extends from the 2014 high near 1.3540.

As long as the 0.9435 support area is intact, the USDCHF is range-bound. 

Traders should respect the bullish connotations of this range, particularly given the bounce higher over the last three weeks.

There are two key levels I’m keeping an eye on at the moment. The first is the horizontal level at 0.9770. The area has capped every advance since the pair closed below it on May 19th.

It’s also the 38.2% Fibonacci retracement when measuring from the December 2016 high to the current 2017 low.

The second level of interest is the trend line that extends from the current 2017 high at 1.0334. Because this trend line begins at such a prominent high, chances are it will become a factor if tested.

Even if we do get a daily close (5 pm EST) above this confluence of resistance near 0.9800, I’ll need some additional confirmation before considering an entry.

The USDCHF can be choppier than other U.S. dollar pairs. The choppy price action can lead to an increase in false breaks. One way to combat that is to wait for confirming price action such as a pin bar.

I’m going to stay on the sideline for now. A daily close above the 0.9800 area followed by bullish price action during the retest could make for an attractive setup. Alternatively, a close below range support at 0.9435 would shift my focus lower.

The AUDUSD hit our target of 0.7820 last week. Those who sold the pair near 0.7980 made 150+ pips per last week’s trade idea.

Not surprisingly the Aussie caught a bid on Thursday. The buying pressure was strong enough to carve a bullish pin bar from the 0.7820 key support area.

However, buyers struggled to capitalize on the bullish formation on Friday and lost more ground ahead of the weekend.

From here a daily close below 0.7820 would signal the next leg lower. Alternatively, a push higher would likely encounter sellers near the 0.7955 area.

Note that 0.7730 is also the 50% retracement when measuring from the May low to the current September high. You’ll also notice that 0.7820 is the 38.2% Fibonacci retracement of the same range.

‍I haven’t mentioned the EURAUD in quite some time. Like many of the crosses, there hasn’t been much to look at from a technical perspective.

However, that may be about to change. It appears we have a 1,600 pip wedge pattern in the works that if broken could lead to an aggressive move one way or the other.

One of my requirements for trading a break of consolidation is that the pattern must have at least three touches on both sides. As you can see from the chart below, wedge support has managed to do just that.

But we only have two points that form the resistance level. As such, I’m going to wait to see how the pair reacts in the 1.5140 area if tested over the coming weeks.

If sellers reject the advance and this wedge takes on a more definitive look, then we might have something here. I’ll be sure to keep an eye on this one and mention future key support or resistance levels once we have more information.

Source: dailypriceaction.com

lastest Articles

Market Analysis
Bitcoin Price Prediction: BTC slips into “Buy the Dip” Zone
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Eyes on August lows of $1863 ahead of US PMIs and round two Powell
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: US dollar’s haven demand in vogue ahead of a busy day
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold remains on track to test the August low of $1863
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Forecast: Bears now eyeing a sustained break below 1.1700 mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar buoyant ahead of Powell, UK PM Johnson’s COBRA meeting eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Futures: Still room for extra gains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Forecast: Further consolidation looks likely ahead of Fed speakers
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: US dollar sags amid fiscal overhang, mounting coronavirus risks
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – No ease up for Powell
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BOE Quick Analysis: Bailey blasts sterling with specter of negative rates, why more falls are likely
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s De Guindos: Euro exchange rate is fundamental for inflation
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Fed drives dollar higher, gold and stocks lower, BOE, jobless claims eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold aims $1980 as focus shifts to Wednesday’s FOMC
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD to surge to 1.40 by September-2021 – UBS
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Upbeat Chinese data boosts mood, Boris' bill passes first hurdle, Gold shines
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – More stimulus on the way?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's Lane: Euro's rise dampens inflation outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: King dollar holds the rein amid cautious optimism, eyes on US CPI
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Forecast: Euro set to fall? ECB expectations may be overconfident
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Brexit in deep crisis, vaccine hopes resurface, all eyes on the ECB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Brent Oil resumes its core bear trend
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Muller: A timely exit from temporary emergency measures is important
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Vaccine trial halt exacerbates risk off mood, Brexit, BOC, and US fiscal talks eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD drops further and approaches $1,900/oz
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin Price Update: BTC bulls ready to strike back once $11,000 is cleared
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Hard-Brexit fears pound the Pound, Dollar bid on US-Sino woes
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD risks deeper pullback as 1.20 peak looks far
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Downside appears more compelling while below $1946 – Confluence Detector
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar stabilizes in the NFP aftermath, Oil tumbles amid holiday-thinned trading
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead - Trump Closing the Gap
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Nonfarm Payrolls Preview: Fed’s policy shift to introduce vital noise
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold rebounds from weekly lows, turns neutral around $1945 region
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD trims losses and regains 1.1850 post-US ISM
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Fed's Williams: Policymakers seek inflation that targets 2% over time
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin Cash Market Update: BCH fork is inevitable as Bitcoin ABC team separates from the project
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar climbs back from the abyss, ADP NFP, Fed speakers awaited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Bring on the Jobs Report
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Jackson Hole Goes Virtual
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead - The focus remains on COVID-19, the Fed and Congress
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold up, dollar down amid stalled fiscal talks, vaccine hopes, ahead of jobless claims
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead- Is the economic recovery stalling?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar licking its wounds, gold gives ground, ahead of the all-important Fed decision
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – What more can the Fed do?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin Market Update: BTC/USD hits a pause button before another bullish assault
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: Potential correction ahead of further gains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: China's payback weighs on markets, boosts dollar, PMIs, coronavirus figures eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD: Technicals show bulls have the upper hand
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Correction in sight after reaching nine-year highs
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar licking its wounds, gold shines, US coronavirus cases eyed after Trump's U-turn
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold jumps to fresh multi-year tops, beyond $1820 level
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: EUR/USD sells the fact, Gold looking strong, Trump's coronavirus briefs make comeback
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin Market Update: BTC fails to live up to the status of digital gold
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
S&P 500 Futures Price Analysis: Bears retain control after rejection at falling trendline resistance
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: EU leaders can’t reach an agreement on the EU rescue fund
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Focus remains on Virus Spread, Fiscal Stimulus, Rebounding data, and Earnings
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD continues to look at the 1.1495 March high
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
AUD/USD to remain resilient in the near-term
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates ahead of EU Summit, updated look at the US consumer amid rising cases
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold probes multi-day lows around $1,790/oz
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: A test of 1.1420 appears closer
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: US dollar seizes control as risk aversion returns, a busy docket ahead
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold to stay above $1800 fueled by lower real rates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB expected to keep rates unchanged
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Vaccine, earnings optimism downs the dollar; eyes on COVID-19 stats, BOE’s Bailey
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Bring on Earnings Season
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Upside looks limited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Lagarde: Economic recovery would be constrained, uncertain and fragmented
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold eyeing $1,800, dollar mixed, as coronavirus, Hong Kong peg move markets
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Holds steady above $1775 level, bullish bias remains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BOJ to project economic recovery in report next week – Reuters
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Chinese optimism downs dollar as investors ignore US coronavirus, data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Economic Reopening Continues
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Stocks' strength, dollar downing face Non-Farm Payrolls test as Trump endorses masks
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE's Haskel: Activity appears to be coming back faster than anticipated
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
GBP Bank Account
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold shines, markets look for direction after a successful Q2, ahead of busy start to Q3
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold eases below $1770 level, downside seems limited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Europe fights coronavirus and stuns the dollar
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Markets attempt to shrug off grim coronavirus developments
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Jitters Continue into Busy Week
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar Index clings to gains near 97.50 ahead of data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Lagarde: Economic recovery will be a complicated matter
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold sticks to the positive outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: Focus now shifted to 1.1170
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates, gold shines as coronavirus rages in the US, triple data release eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: Rising bets for a test of 1.1400 and beyond
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD recedes from tops above 1.1300
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Falling US Real Yields fuels bull trend towards new highs at $1921 – Credit Suisse
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk rides the Navarro rollercoaster, Eurozone/ UK PMIs, virus stats in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE is seen increasing further the size of QE – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk-recovery back in play, US dollar recedes with second-wave virus fears
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Markets play tug-of-war with Covid-19 concerns and reopening momentum
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Coronavirus, weak data outweigh reopening optimism, BOE, jobless claims eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's de Guindos: Better if EU aid is distributed via grants rather than loans
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD slumps toward $1,710 on improving risk sentiment
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar up as health, geopolitics replace consumer optimism, Powell, COVID-19 data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold clings to modest daily gains, around $1730 area
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Double stimulus talk downs dollar ahead of Powell's power-play, US retail sales
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Coronavirus concerns trigger dollar domination, commodity currencies climb down
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613