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EUR/USD Weekly Outlook

EUR/USD’s decline continued last week and hit as low as 1.1185. But as a temporary low was formed, initial bias is neutral this week first. Furt ...more

USD/JPY Weekly Outlook

USD/JPY edged higher to 115.51 last week but subsequent sharp fall indicates that a short term top is at least formed. Initial bias is now on the down ...more

GBP/USD Weekly Outlook

GBP/USD’s decline continued last week and hit as low as 1.3277. As a temporary low was formed, initial bias is neutral this week for consolidati ...more

USD/CHF Weekly Outlook

USD/CHF edged higher to 0.9372 last week but reversed and dropped sharply from there. Initial bias remains on the downside this week for 0.9084 suppor ...more

AUD/USD Weekly Outlook

AUD/USD’s fall from 0.7555 accelerated to as low as 0.7110 last week. The break of 0.7169 support affirms the case that larger fall from 0.8006 ...more

USD/CAD Weekly Outlook

USD/CAD’s rally from 1.2286 continued last week and outlook is unchanged. Initial bias remains on the upside for retesting 1.2894/2947 resistanc ...more

Technical Analysis

European shares end the day with mixed results

Some of the major indices are higher and a few are lower The major European indices are ending the day mixed In the European debt market, the ben ...more

USDJPY works it's way into swing area

The 108.36 to 108.47 is a swing area ahead of the high from last week The USDJPY has moved into a swing area defined by highs on September 18, Septemb ...more

The EURUSD is lower but supported below

The 1.1000 level is still key The EURUSD is lower but has seen up and down price action. The pair is off the low for the day at 1.1012 (currently trad ...more

US stocks are open with modest declines

Down on the day but off pre-market low levels too The US major indices are open and the major indices are trading down marginally. The snapshot is sho ...more

GBPUSD takes back about 38.2% of the move up last week

Him him Tested the 200 day MA last week. The GBPUSD has taken back nearly 38.2% of the sharp move higher on Brexit hopes. That hope ...more

Aussie falls further as risk assets see added pressure on the day

AUD/USD drops to a session low of 0.6764 ForexLive Notably, price is falling towards a test of the key hourly moving averages near 0.6748-59 now as se ...more

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