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Forex Forecast For The Week

Kenny Fisher

Aussie Rises On Strong GDP By Kenny Fisher  - 3 hours ago

The Australian dollar is in positive territory, every bit investors reacted favorably to today's GDP report. AUD/USD is trading at 0.7275, up 0.37% on the day.Australia GDP Climbs 3.4%Commonwealth of australia'due south...

Al Brooks

EUR/USD Stalls At January depression By Al Brooks  - 4 hours ago

EUR/USD bears want a successful breakout and and then a 400-pip measured movement down to nearly last twelvemonth's depression. They need consecutive bear bars endmost beneath the Jan 28 low before traders will believe...

Scott Barkley

GBP/CHF: A Shorting Opportunity Past Scott Barkley  - 5 hours ago

GBP/CHF is currently bullish at the fourth dimension of this post. Nosotros are currently at one.2266. Nosotros are looking for an initial movement to the ATR target in the 1.2318 expanse and a reversal towards the daily chart's...

AAATrade LTD

GBP/USD: Pair Could Intermission Below Support Past AAATrade LTD  - 5 hours ago

Looking at the GBP/USD Weekly nautical chart, nosotros tin can see the retraction from the 1.36 to the 1.3275 on Feb. 25, where it formed temporary back up followed by an firsthand rebound back up in the 1.34 range...

JFD Team

USD/SEK Rallies, Confirms A College High By JFD Squad  - 5 hours ago

USD/SEK has been in a rally fashion since yesterday, when it hitting support slightly to a higher place the crossroads of the ix.4265 zone and the upside support line drawn from the depression of Feb. 10. Overall, the rate...

Gregor Horvat

EUR/USD Slides To A New Low Past Gregor Horvat  - 6 hours ago

United states of america stocks were stable yesterday while equities in Europe came downward as the situation in Ukraine is non better. Notwithstanding, negotiations between Russian federation and Ukraine volition reportedly still take place soon. So...

Marc Chandler

War, What'southward Information technology Practiced For? Manifestly The U.Southward. Dollar By Marc Chandler  - seven hours ago

There was much talk about how the sanctions beingness imposed on Russia volition hasten the demise of the dollar's role in the earth economy, simply today the dollar rides loftier. There was no sign of its...

Carl Paraskevas

U.Due south. Dollar Index Hits Multi-Year Highs By Carl Paraskevas  - 8 hours agone

The escalating conflict in Ukraine, less-than-dovish Fed speakers, and solid U.s. manufacturing survey data pushed the US dollar alphabetize (DXY) to a multi-year high of 97.80 on Midweek. Investors...

Kenny Fisher

Canadian Dollar Steady, GDP Outperforms By Kenny Fisher  - xiii hours ago

Canada'south Gross domestic product Rises 6.7%Canada'due south GDP in Q4 was stronger than expected, at 6.seven% QoQ, ahead of the gauge of 6.5% and higher than the v.5% gain in Q3. The Canadian dollar'due south reaction...

Blake Morrow

Nautical chart Of The 24-hour interval: U.S. Dollar Alphabetize By Blake Morrow  - 13 hours ago

The DXY (United states Dollar Index) has maintained its bullish opinion as the US dollar has caught a prophylactic haven bid against some currencies amidst the Russian invasion of Ukraine, and many are wondering if it tin...

Matthew Weller

EUR/USD: Lookout Out Below As 20-Month Lows At 1.1125 Requite Way By Matthew Weller  - 13 hours ago

The escalating conflict in Ukraine has had a predictable bear on on the world's most widely-traded currency pair: When Russia's invasion began in earnest on Wednesday evening, EUR/USD...

Craig Erlam

AUD/USD: Breaking The Downtrend? By Craig Erlam  - 13 hours ago

Tin can information technology maintain momentum?The Aussie dollar has been on a decent run in recent weeks against the greenback, just it's suddenly struggling around an important area of resistance. The pair has been...

Kathy Lien

Market Meltdown Continues Ahead Of Biden And Powell By Kathy Lien  - twenty hours ago 12

Oil prices soared to a higher place $100 a barrel driving equities and currencies sharply lower. The euro and sterling were striking the hardest past risk aversion, with investors flocking into the safe of U.S....

Tomasz Wisniewski

EUR/GBP To Test Crucial Support Once again By Tomasz Wisniewski  - Mar 01, 2022

The EUR/GBP can't seem to say goodbye to the 0.83 support (orangish). Why information technology is crucial? Well, just await at the chart. This is a weekly i, where you can see that 0.83 supported buyers since the cease of...

Al Brooks

EUR/USD: Bears Trying To Forbid Yesterday's Buy Point From Triggering Past Al Brooks  - Mar 01, 2022

The EUR/USD is trying to form a bottom after the failed breakout concluding calendar week beneath the January depression. The odds are that the market place will bounce shortly and try for a test of the February highs. 1 problem...

Source: https://www.investing.com/analysis/forex

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