We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bearish
Oil - US Crude
Bearish
Wall Street
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Mixed
GBP/USD
Bullish
USD/JPY
Mixed
More View more
Real Time News
  • BOJ GOV KURODA: - Global economy rapidly worsening due to virus, Japan expected to remain in 'severe' situation - Uncertainty extremely high for economic outlook, financial markets still nervous #USDJPY #BOJ
  • Join @IlyaSpivak 's #webinar at 10:00 PM ET /2:00 AM GMT to prepare for the week ahead in trading $AUDUSD Register here: https://t.co/sZNWPVRHA0 https://t.co/eIXdNJQBce
  • Wonder what insight on the situation with China will come out of this. @ZabelinDimitri has the background - https://www.dailyfx.com/forex/fundamental/article/special_report/2020/05/25/AUD-May-Fall-on-Australia-China-Tensions-Euro-Eyes-500b-Proposal.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr https://t.co/Szs7ii3ufu
  • HEADS UP: Australian PM Scott Morrison is due to speak at the National Press Club in Canberra in approx. 2 hours (2:30 GMT). https://t.co/kImzlZLG0k #AUDUSD
  • 🇸🇬 GDP Growth Rate YoY Final Actual: -0.7% Expected: -1.5% Previous: 1% https://www.dailyfx.com/economic-calendar#2020-05-26
  • 🇸🇬 GDP Growth Rate QoQ Final Actual: -4.7% Expected: -7.4% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2020-05-26
  • SINGAPORE Q1 GDP -4.7% q/q annualized vs -8.2% expected, -10.6% earlier estimate #USDSGD
  • Heads Up:🇸🇬 GDP Growth Rate YoY Final due at 00:30 GMT (15min) Actual: -0.7% Expected: -1.5% Previous: 1% https://www.dailyfx.com/economic-calendar#2020-05-26
  • Heads Up:🇸🇬 GDP Growth Rate QoQ Final due at 00:30 GMT (15min) Actual: -4.7% Expected: -7.4% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2020-05-26
  • On Friday, EUR/GBP surged to an over six-week high at 0.8940 then closed the weekly candlestick in the green with a 2.3% gain. Get your $EURGBP market update from @malkudsi here: https://t.co/ln09Ijn7rd https://t.co/oOiE19ZCuW
Forex Trading Weekly Forecast 04.22.2013

Forex Trading Weekly Forecast 04.22.2013

Share:

US Dollar on Cusp of Bullish Trend Revival, Focus on S&P 500 and GDP

We have been here multiple times over the past weeks and months. Conditions align for a market-wide shift in risk appetite that could catalyze the dollar higher, yet the spark that can set everything in motion remains elusive.

Euro Outlook Muddled by Italian Politics, Weak PMI Data

The Euro closed the week on a sour note as the Italian political climate unraveled further, ratcheting up uncertainty about the future of the Euro-zone's third largest economy. Will weak PMI data complement the negativity? Or will commentary from key core officials keep a soft bid under the Euro?

G20 Gives Traders All-Clear to Sell Yen - Will Bank of Japan Comply?

The Japanese Yen finally showed signs of life as it rallied strongly against the US Dollar and other major counterparts, but lack of action from a highly-anticipated G20 meeting gave traders the “green light” to continue selling into JPY weakness.

British Pound to Benefit From 1Q GDP as U.K. Returns to Growth

The British Pound struggled to hold its ground as Fitch Ratings lowered the U.K.’s AAA credit rating to AA+, and the GBPUSD may continue to give back the rebound from 1.4830 should it fail to maintain the upward trending channel carried over from the previous month.

Gold Sell-off Gets a Reprieve, but Damage is Done- 2011 Low on Tap

The gold sell-off continued early this week with the precious metal plummeting more than 5.8% by the close of trade on Friday.

New Zealand Dollar to Hold Range Ahead of RBNZ

The New Zealand Dollar ended the week nearly 2.0 percent lower, a dramatic turnaround from previous weeks.

Forex_Trading_Weekly_Forecast_04.22.2013_body_Picture_1.png, Forex Trading Weekly Forecast 04.22.2013

New to FX? Register for this free 20 minute course HERE and learn common FX terms like leverage and how to implement conservative amounts.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.