EUR/USD Weekly Technical Outlook: Euro Seeking Resolution, FOMC Ahead

EUR/USD Highlights: EUR/USD back-and-forth trading has broad outlook mired with uncertainty Topping formation or bull-flag? That remains the big question on this end FOMC rate hike expected, but that doesn’t mean there won’t be volatility See our Top Trading Opportunities for 2018 and expectations for market volatility this year on the DailyFX Trading Guides. The […]

GBP/USD Rebound to Face FOMC, BoE, NFP- Levels to Know

To receive Michael’s analysis directly via email, please SIGN UP HERE GBP/USD Daily Chart Technical Outlook:This week’s Technical Perspective highlighted a constructive bias in cable while above the 1.3020 confluence support zone as price continues to trade within this broad median-line formation. Heading into majorevent risk over the next 72 hours the focus is on […]

Trading Outlook Ahead of FOMC: US Dollar, Cross-rates, Gold Price & More

Join Paul Tuesday-Friday for webinars each week, for details please see the Webinar Calendar. Today, we took a look at markets ahead of the FOMC announcement. Expectations are for another 25-bps hike, where the ‘surprise’ element could come into play is in regards to future signaling for the remainder of the year. For live coverage […]

US Dollar Seesaws After FOMC Minutes, June Hike Still Likely

Talking Points: FOMC statement references rate hikes and balance sheet adjustment, but lacks certainty June hike still likely with officials stating tightening appropriate ‘soon’ Almost all Fed officials favor starting to shrink balance sheet in 2017 Keep up with all the latest market events – including Fed speeches – on theDailyFX Economic Calendar The US […]