EUR/USD Weekly Technical Forecast: Potential Euro Set up for a Bearish Trend

EUR/USD TECHNICAL HIGHLIGHTS: EURUSD bearish set up in place for a test of 1.2000 FOMC Monetary Policy Decision alongside US NFP at the back end of the week, present risk for EUR For the intermediate-term fundamental and technical outlook on EUR/USD, check out the recently released DailyFX Quarterly Forecast. The EURUSD range of 2018 has […]

GBPUSD Downtrend Set to Continue

GBPUSD talking points: – After touching a 2018 high of 1.4377 on April 17, GBPUSD has dropped back below the psychologically significant 1.40 level. – Now those losses look set to be extended, with the February and March lows the initial targets. Check out the IG Client Sentiment data to help you trade profitably. And […]

Asia AM Digest: Australian Dollar Faces CPI Amidst Stronger USD

To get the Asia AM Digest every day, SIGN UP HERE Current Market Developments – Alphabet Earnings, Poloz Speech Towards the end of Monday’s session, Google’s parent company Alphabet reported first quarter earnings after US market close. EPS and revenue ex-TAC beat estimates. Meanwhile, Bank of Governor Stephen Poloz testified to the Finance Committee. He […]

EUR/USD Weekly Technical Outlook: Euro Price Coiling Up, ECB Nearing

EUR/USD Technical Highlights: EUR/USD price action converging into a triangle ECB on Thursday, but not expected to be a big market mover, never know, though A breakout one way or another should be upon us relatively soon For the intermediate-term fundamental and technical outlook for EUR/USD, check out the recently released DailyFX Quarterly Forecast. The […]