EUR/USD Weekly Technical Outlook: Higher-low, Support Test, or Nothing?

EUR/USD Technical Highlights: EUR/USD higher low on ‘hidden’ support could be in the works Or, a big retest of the low-11500s could also be in store, or Another week of range-bound, summer trading conditions Check out our intermediate-term fundamental and technical perspective on EUR/USD in the recently released DailyFX Q3 Euro Forecast. The last few […]

EUR/USD Weekly Technical Outlook: Strong Euro Thesis Growing Legs

EUR/USD Technical Highlights: EUR/USD continues to hold major support around 11500 Descending wedge has a bearish tilt to it, but… We we’ll run with a top-side breakout should it develop US Dollar Index (DXY) posted back-to-back bearish reversal bars To see our intermediate-term fundamental and technical perspective on EUR/USD, check out our just released DailyFX […]

EUR/USD Weekly Technical Outlook: ECB Slams Euro Back Down to Support

EUR/USD Technical Highlights: EUR/USD gets clobbered back down to support Looking for some back-and-filling as market digests ECB Overall, bias is for rallies to fail but not full-on bearish until support breaks Whether you are looking for trading forecasts for the Euro or another currency, trade ideas, or educational guides, we’ve got you covered on […]

LTC/USD Technical Outlook: Litecoin Prices Plummet towards Yearly Low

Litecoin is down nearly 60% year-to-date with prices approaching the yearly lows after breaking February trendline support earlier this week. The decline is approaching initial areas of support that could offer a reprieve. Here are the key levels that matter for LTC/USD. New to Trading? Get started with this Free Beginners Guide Litecoin Daily Price […]

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 […]

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 […]