Pressure Builds for EUR/USD with the ECB and US GDP Next Week

Pressure Builds for EUR/USD with the ECB and US GDP Next Week

At certain points this past week, it seemed like speculative interests would regain control over the markets. From the S&P 500.
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FX Markets Show Speculative Complacency Has Not Been Resolved

Pressure Builds for EUR/USD with the ECB and US GDP Next Week

Charts for Next Week: USD Triangle, GBP/USD Support, EUR/JPY Pattern

Analyst Picks

James Stanley

James Stanley   

Currency Strategist

Currency Pair:  USD/JPY, NZD/USD, GBP/CAD
Expertise: price action - macro
Average Timeframe of Trade: few hours - few days
David Song

David Song   

Currency Analyst

Currency Pair:  Bearish EUR/AUD
Expertise: Fundamental and Technical
Average Timeframe of Trade: 2 - 10 Days

Technical Analysis

Charts for Next Week: USD Triangle, GBP/USD Support, EUR/JPY Pattern

Today, we looked at the DXY nearing the apex of a triangle, cable backing into support, EUR/JPY pattern, along with a few other charts.
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Tyler Yell, CMT
Forex Trading Instructor
Ready to start trading forex? Our guide explores the best forex indicators for a simple strategy, including Moving Average, MACD, Stochastic...Continue Reading

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