Weekly Euro Forecast: US-China Trade War Sparks Recovery; Eurozone Inflation Due
“One man’s trash is another man’s treasure.” In a similar vein, the US Dollar’s woes due to the escalating US-China trade war leave the Euro in a place to benefit.
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News
Sterling Price Outlook: British Pound Recovery Faces First Test
Sterling has rallied 2% off the yearly lows with price now eyeing the first test of downtrend resistance. Here are the levels that matter on the GBP/USD weekly chart.
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Gold Prices May Rise if US GDP Data Boosts Fed Rate Cut Bets
Forex Economic Calendar Week Ahead: US GDP, Eurozone Inflation, Canada GDP & More
US Dollar Vulnerable to Slowing Durable Goods Orders, 2Q GDP Revision
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Analyst Picks
Michael Boutros
Technical Strategist
Currency Pair:
Near-term Trade Setups in USD/CAD, EUR/USD & GBP/USD
Expertise: Technical
Average Timeframe of Trade: 1-3 Days
Expertise: Technical
Average Timeframe of Trade: 1-3 Days
David Song
Currency Strategist
Currency Pair:
Bearish EUR/USD
Expertise: Fundamental and Technical
Average Timeframe of Trade: 2 - 10 Days
Expertise: Fundamental and Technical
Average Timeframe of Trade: 2 - 10 Days
Technical Analysis
Australian Dollar Pressures 2009 Lows on USD, JPY. GBP Breaks Out?
The Australian Dollar continues pressuring lows last seen since 2009 against the US Dollar and Japanese Yen. Most progress was made against the British Pound after resistance broke.
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S&P 500, FTSE 100 Technical Forecast
Silver Price Rally Eyes Next Leg Up as Long-term Bottoming Effort Continues
Gold Price Forecast: Making Another Run at Long-term Resistance
Education
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Markets Writer
Price action is the study or analysis of price movement in the market. Learn more on how to apply price action in trading.
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Markets Writer
A successful trader should be able to separate common trading myths from reality. Guest editor, Dr Gary Dayton explores the top 10 myths abo...Continue Reading
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