Forecasts & Analysis | Currencies
U.S. Dollar Index (DX) Futures Technical Analysis – Break Under 98.035 Indicates Major Shift in Sentiment
The direction of the June U.S. Dollar Index this week is likely to be determined by trader reaction to the main Fibonacci level at 98.035.
AUD/USD Forex Technical Analysis – Testing Major Retracement Zone on Weekly Charts
The direction of the AUD/USD this week is likely to be determined by trader reaction to the major 50% level at .6822.
USD/JPY Fundamental Daily Forecast – Jump in US Treasury Yields Boosts Demand for Greenback
The USD/JPY has more upside potential, but robust demand for risky assets has to continue in order for the Forex pair to reap those potential gains.
AUD/USD and NZD/USD Fundamental Daily Forecast – Robust US Jobs Report May Have Capped Aussie, Kiwi Rally
The Australian Dollar may have closed higher, but it posted its high for the session nearly five hours before the U.S. Non-Farm Payrolls report.
USD/JPY Weekly Price Forecast – US Dollar Reaching Towards Crucial 110 level
USD/JPY Video 08.06.20The US dollar has exploded to the upside during the week, reaching towards the ¥110 level. This was exacerbated by a better than anticipated jobs number in the United States. That is an area that is obviously psychological in nature and has been a significant support and resistance
GBP/USD Weekly Price Forecast – British Pound Reaching Higher Yet Again
The British pound has rallied significantly during the trading session on Friday, as the jobs report in America was better than anticipated.
GBP/JPY Weekly Price Forecast – British Pound Slamming Into Major Resistance
The British pound has rallied significantly during the week and what can only be described as a parabolic break out.
AUD/USD Weekly Price Forecast – Australian Dollar Goes Parabolic Into Resistance
The Australian dollar went parabolic during the week, crashing into resistance at the 0.70 level. This is a market that at the very least needs to digest gains.
EUR/USD Weekly Price Forecast – Euro Struggles at 200 Week EMA
The Euro has rallied rather significantly during the week but seems to be running into trouble near the 200 week EMA.