At the end of July USD/CAD started an uptrend move. However, the pair may fall back to test last month low and here is how
The Euro recoiled from resistance near 1.12 against the US Dollar, erasing most of August’s gains. Has the long-term downtrend resumed in earnest?
Gold prices may continue inching upward but technical cues pointing to ebbing momentum are warning of a possible pullback before the broader rise resumes.
EURGBP’s consecutive 14-week climb may be coming to an end and could in fact accelerate in the week ahead if Italian politics cause capital flight from the Euro.
This week USD/JPY and GBP/JPY U-turned after testing fresh lows. However, the outlook still bearish unless both pairs clear those critical levels.