AUD/USD Rises on Trade War News, Ignores Mixed Employment Data

Talking Points: AUD/USD higher on US-China trade war news, despite mixed data Positive follow-through unlikely due to dovish Reserve Bank of Australia Risk sentiment and RBA Governor Lowe’s speech in spotlight next Just started trading AUD/USD? Check out ourbeginners’ FX markets guide! The Australian Dollar appreciated against its US counterpart after news broke that the […]

EUR/USD Weekly Technical Forecast: Breach Through Key Support Paves Way for Deeper Declines

EUR/USD TECHNICAL HIGHLIGHTS: Key Support at 1.1500 Break Euro at Risk of Deeper Declines Towards 1.1350 ReliefBid Confirmed Provided Euro Closes Above 50% Fib For the intermediate-term fundamental and technical outlook on EUR/USD, check out the recently released DailyFX Quarterly Forecast. The Euro endured a torrid time last week with the currency trading below key […]

EUR/USD Weekly Technical Outlook: Will the Euro Cooperate and Break 11500?

EUR/USD Technical Highlights: EUR/USD on the verge of testing the all-important 11500 level A break will have the euro rolling downhill, while… A hold will bring further digestion, possible descending wedge See what is driving EUR/USD on a fundamental basis and our intermediate-term techncial perspective in the DailyFX Q3 Euro Forecast. The euro attempted to […]