EURGBP On the 4-hour chart, EURGBP broke the previous low and created a new bottom with a potential retracement to the 61.8% Fibonacci. If price tests 0.85607 and shows enough bearish price action, we short to 0.84610 as potential target. GBPCAD On the weekly chart, price is moving up now around 50% Fibonacci retracement level. … Read more
Our Weekly Forex Fundamental Analysis offers traders a comprehensive overview of the key financial events and trends that could impact currency values in the upcoming week. From central bank policies to geopolitical developments, we break down the critical factors shaping the Forex landscape, providing you with the insights needed to make informed trading decisions. Whether … Read more
MON: US Democratic National Convention (Aug 19-22), Bank of Indonesia Announcement, New Zealand Trade Balance (Jul) TUE: US Democratic National Convention (Aug 19-22), PBoC LPR, RBA Minutes, Riksbank Announcement, CBRT Announcement, EZ Final CPI (Jul), Canadian CPI (Jul) WED: US Democratic National Convention (Aug 19-22), FOMC Minutes, Japanese Trade Balance (Jul) THU: US Democratic National … Read more
EURUSD Price is still trapped inside the weekly range between 1.06123 and 1.09449 levels. If price breaks above this range, we short at 1.12775. USDCHF After a deep correction on USDCHF, price showed bullish evidence to the upside. Price might revisit the 0.85689 level before moving higher this week. EURJPY This pair was smashed by … Read more
MON: OPEC Monthly Oil Market Report; Japanese Market Holiday (Mountain Day), German Retail Sales (May), Indian Trade Balance (Jul) TUE: IEA Oil Market Report, Australian Wage Price Index (Q2), UK Jobs (Jun/Jul), German ZEW Survey (Aug), US PPI (Jul) WED: RBNZ Announcement and Quarterly MPS, Bank of Israel Announcement, UK Inflation (Jul), Swedish CPIF (Jul), … Read more
Our Weekly Forex Fundamental Analysis offers traders a comprehensive overview of the key financial events and trends that could impact currency values in the upcoming week. From central bank policies to geopolitical developments, we break down the critical factors shaping the Forex landscape, providing you with the insights needed to make informed trading decisions. Whether … Read more
Our Weekly Forex Fundamental Analysis offers traders a comprehensive overview of the key financial events and trends that could impact currency values in the upcoming week. From central bank policies to geopolitical developments, we break down the critical factors shaping the Forex landscape, providing you with the insights needed to make informed trading decisions. Whether … Read more
Our Weekly Forex Fundamental Analysis offers traders a comprehensive overview of the key financial events and trends that could impact currency values in the upcoming week. From central bank policies to geopolitical developments, we break down the critical factors shaping the Forex landscape, providing you with the insights needed to make informed trading decisions. Whether … Read more
Our Weekly Forex Fundamental Analysis offers traders a comprehensive overview of the key financial events and trends that could impact currency values in the upcoming week. From central bank policies to geopolitical developments, we break down the critical factors shaping the Forex landscape, providing you with the insights needed to make informed trading decisions. Whether … Read more
Our Weekly Forex Fundamental Analysis offers traders a comprehensive overview of the key financial events and trends that could impact currency values in the upcoming week. From central bank policies to geopolitical developments, we break down the critical factors shaping the Forex landscape, providing you with the insights needed to make informed trading decisions. Whether … Read more