EUR/USD Weekly Technical Forecast: More Bounce Before More Selling?

EUR/USD Technical Highlights: EUR/USD finds buyers after straight line move lower Bounce at risk of failing in the week ahead For the intermediate-term fundamental and technical outlook on EUR/USD, check out the DailyFX Quarterly Forecast. Last week’s net result was relatively even for EUR/USD, even posting a small reversal candle on the weekly time-frame, but […]

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 […]

Weekly Trading Forecast: Can Key Events like China GDP Cut Through Political Risk Volatility?

Benchmarks indices and currencies from the Dow to the Dollar continue to burn through volatility, but meaningful trends remain elusive. Can key event risk like China GDP or the BoC rate decision offer clarity to counter the general uncertainty of political risk? US Dollar Forecast: US Dollar Range Continues as Inflation Prints at One-Year Highs […]

Canadian Dollar Rate Forecast: CAD Slips On Housing Data, Outlook Positive

Canadian Dollar Rate Forecast Key Takeaways: USD/CAD Price Forecast: Pullback to 200-DMA may provide a shorting opportunity Multiple fundamental factors backing Bullish technical view on CAD IG UK Client Sentiment Highlight: Retail long activity jumps, bias for downside emerges The risks that were causing traders to price out Bank of Canada rate hikes seem to […]