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 […]

A Strong Dollar Policy Versus Trade Wars

Talking Points: There are many themes that jostle for influence over the Dollar, but monetary policy and traditional growth are clearly losing sway Cross currency influence still carries considerable weight, but political risk (trade wars) seems the most active theme Trade wars that involve the US as a participant are short-term and long-term negative for […]

EUR/USD Weekly Technical Forecast: Euro Finds Strong Opposition, Again

EUR/USD Highlights: EUR/USD rejected again from 2008 trend-line Weakness expected in the near-term following Friday’s price action A visit of shorter-term trend-line support may be in store this week To view the longer-term technical and fundamental outlook for the Euro, or to see our top trade ideas for 2018, check out the DailyFX Trading Guides. […]


Strong Start To US Earnings Season Bodes Well For Rate Rise Expectations

Talking Points – JPMorgan, Citigroup and Wells Fargo all beat EPS forecasts. – Their results were buoyed by higher interest rates. – The positive results suggest the Fed will continue to tighten monetary policy. See the DailyFX Economic Calendar and see what live coverage for key event risk impacting FX markets is scheduled for the […]