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
Mixed
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
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
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
GBP/USD
Mixed
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
USD/JPY
Bearish
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
More View more
Real Time News
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 1.47% 🇳🇿NZD: 1.25% 🇬🇧GBP: 0.48% 🇪🇺EUR: 0.30% 🇨🇭CHF: -0.17% 🇯🇵JPY: -1.01% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/BxRolsnex3
  • Talk about a disconnect between Main Street and Wall Street. Seems like markets are pricing in an expectation of a V-shaped recovery. Wonder when reality will hit 🤔 https://t.co/Y8woCzT8kN
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.29% Gold: -0.73% Silver: -1.32% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/rsa9fXyvQe
  • $USDJPY Daily Pivot Points: S3: 106.83 S2: 107.22 S1: 107.44 R1: 107.82 R2: 107.99 R3: 108.37 https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • The #Dow Jones, #Nasdaq and S&P 500 have continued to melt higher in recent days even as bullish catalysts seem to sputter out. Get your #equities market update from @PeterHanksFX here:https://t.co/wXSP3avXh1 https://t.co/Zpnzxf9vj8
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.98%, while traders in US 500 are at opposite extremes with 73.85%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/CxeodwV5yt
  • US Dollar Price Action Setups: EUR/USD, USD/CAD, USD/JPY https://www.dailyfx.com/forex/video/live_events/2020/06/02/US-Dollar-Price-Action-Setups-JS-EUR-USD-USD-CAD-USD-JPY.html https://t.co/mfp3Q7wwNu
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.73% France 40: 0.71% FTSE 100: 0.33% Wall Street: -0.01% US 500: -0.01% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/qisyRbrKX6
  • China is increasingly aggressive in targeting technology according to official - BBG
  • The Mexican Peso rally has taken USD/MXN below a key support pivot in price and leaves the pair vulnerable to further losses heading into June trade. Get your $USDMXN technical analysis from @MBForex here:https://t.co/lhWwu2KbbN https://t.co/dJe9DGskq0
Weekly Trading Forecast: Dollar, Euro and Yen Trends Grow Fundamentally Stretched

Weekly Trading Forecast: Dollar, Euro and Yen Trends Grow Fundamentally Stretched

Share:

USDollar has topped five-year highs, EURUSD has within reach of breaking a decade long range and USDJPY recovered half of a 15-year decline in two years. Can the FX market extend these incredible moves?

US Dollar Forecast- Dollar Climbs to Five Year High as Yields and FX Volatility Rebound

Many of the ‘majors’ pushed multi-month or year extremes in favor of the Greenback, and the Dow Jones FXCM Dollar Index (ticker = USDollar) powered to a five-year high this past week.

Euro Forecast - Hints of Future Easing Keep Euro Pinned Lower, for Now

While no major easing program has been thus far announced, the overhanging threat of additional stimulus, against the current economic backdrop, seems believable for Euro bears.

British Pound Forecast - GBP/USD to Face Further Losses on Dovish BoE Inflation Report

GBP/USD may face increased volatility next week as U.K. wage growth is projected to uptick in September, while the Bank of England (BoE) is widely expected to retain a cautious outlook for the region.

Japanese Yen Forecast - Japanese Yen Eyes Global Growth Trends as Dust Settles on BOJ Action

The Japanese Yen may recover from six-year lows as global slowdown fears fuel risk aversion, triggering liquidation of carry trades funded in the low-yielding unit.

Australian Dollar Forecast – AUD Remains At Risk After Breaching Key Barrier Amid Volatility Spike

The AUD may be exposed to further weakness following a crash through key support as surging expectations for FX market volatility detract from its yield appeal.

Gold Forecast - Gold Posts Outside Reversal- NFP Rebound Mired by Growth Concerns

Gold prices were softer this week with the precious metal off by a mere 0.10% to trade at $1171 ahead of the New York close on Friday.

Weekly Trading Forecast: Dollar, Euro and Yen Trends Grow Fundamentally Stretched

Sign up for a free trial of DailyFX-Plus to have access to Trading Q&A's, educational webinars, updated speculative positioning measures, trading signals and much more!

Want to develop a more in-depth knowledge on the market and strategies? Check out the DailyFX Trading Guides we have produced on a range of topics.

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

DISCLOSURES

News & Analysis at your fingertips.