Weekly Technical Forecast: Equities Suffer Key Technical Breaks, Dollar Uncertain of Its Role, Volatility Rising
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GBPUSD is attempting to bounce off its seven-week low and the short-term chart is deep in oversold territory, but longer-term Sterling still looks weak
The DXY Dollar Index has distorted the path of a bearish reversal pattern. However, decision between a continued climb to 16-month highs or retreat to range depends on whether it takes cues from VIX or Fed Funds futures
It was another rough week for global equities and stocks haven't yet shaken off the Q4 bearish themes. With a big batch of data on next week's calendar, might we be nearing a change?
Heightened volatility in global bond and equity markets continues to prove beneficial for the Japanese Yen.
Last week the euro sold off, breaking a few levels along the way before reversing from near sizable support; how far it can rally from here is in question, though.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.