EURUSD Forecast: Relative Strength Index (RSI) Offers Bearish Signal

EURUSD Forecast: Relative Strength Index (RSI) Offers Bearish Signal

The break of the March-low (1.1176) brings the downside targets on the radar for EUR/USD as the bearish momentum appears to be gathering pace.
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Aussie collapsed through the April range lows with price now targeting big figure support. Here are the targets & invalidation levels that matter on the AUD/USD charts.
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Analyst Picks

Nick Cawley

Nick Cawley   

Analyst

Currency Pair:  EURGBP Price Outlook - Grind Higher Slowing Down
Expertise: Technical and Fundamental analysis
Average Timeframe of Trade: One to Four Weeks
Martin Essex, MSTA

Martin Essex, MSTA   

Analyst and Editor

Currency Pair:  USDCHF Nearing Strong Resistance
Expertise: Economics and Technical Analysis
Average Timeframe of Trade: Next Few Days

Technical Analysis

USDCAD Rate Risks Near-Term Breakout on Dovish Bank of Canada (BoC)

The Bank of Canada (BoC) meeting may fuel the recent advance in USD/CAD as the central bank is widely anticipated to keep the benchmark interest rate at 1.75% in April.
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Education

Warren Venketas
Warren Venketas
Markets Writer
If you want to become a part time day trader, you'll need to learn to use your spare time to trade the FX market at strategic price points.
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Richard Snow
Richard Snow
Markets Writer
Learn to trade forex using support and resistance. Our guide explores top support and resistance trading strategies for executing trades.
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Sentiment data provided by IG


Data updated in real-time.
  Clients Long Clients Short Signal
EUR/USD 
GBP/USD 
USD/JPY 
XAU/USD 
BITCOIN 
SPX500 

Central Bank Rates

Currency Central Bank Rate
   aud
1.50%
   nzd
1.75%
   eur
0.00%
   cad
1.75%
   gbp
0.75%
   usd
2.25 - 2.50%
   chf
-0.75%
   jpy
-0.10%
   MXN
8.25%

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