Weekly Trading Forecast: US-China Trade Talks and a Rebound in Equities Warms Speculative Interest for Next Week
This past week was off to a rocky start with concern of emerging market volatility feeding fear of financial contagion. Yet, with reports of impending talks between the US and China ahead, Turkish ma...Continue Reading
News
GBP/USD: Net-Long Exposure Shrinks, Forecasting a Bullish Outlook
Recent changes in sentiment warn that the current GBPUSD price trend may soon reverse higher despite the fact traders remain net-long.
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USD/CHF Price Outlook: Pending Swissy Technical Breakout
Extreme FX Sentiment, Oversold RSI Signal Undermines GBP/USD Rebound
US Consumer Confidence Unexpectedly Dips in July as Expectations Lower
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Analyst Picks
James Stanley
Currency Strategist
Currency Pair:
EUR/USD, AUD/USD, EUR/JPY, GBP/USD
Expertise: price action - macro
Average Timeframe of Trade: few days - few weeks
Expertise: price action - macro
Average Timeframe of Trade: few days - few weeks
David Song
Currency Analyst
Currency Pair:
Bullish 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
Weekly Technical Forecast: A Late Dollar Correction and ’Risk’ Assets Rebound Presents Contrasting Trends
For the risk-leaning markets - carry, equities, etc - a late week recovery short-circuited yet another threat of broader reversal. However, the Dollar did not share in the recovery effort. It is trend versus reversal in a market pocked by volatility but lacking liquidity.
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