Looking at the week ahead, let’s start with the Euro. We mentioned last week that Euro Dollar was wrapped up in cross pairs and not…
To recap last week, commodity based currencies did most of the driving. As we pointed out, USD/CAD was overbought, while AUD/USD and NZD/USD were oversold,…
Last week’s price action fell in line with our overall expectations. EUR/USD traded within it’s dynamic support and resistance levels. GBP/USD maintained it’s bearish posture,…
To summarize last week’s price action, we would say it was kind of expected. Existing trends with grinding price action working to achieve their targets…
Last week saw the continuation of Eur/Usd liquidation with lows reaching near 1.1250 and closing at 1.1280. It has been our view since September that…
Back on September 26, 2021 we published our Weekly Forex forecasts while EUR/USD traded near 1.1720. Our models all pointed lower both in the medium…
EUR/USD continued to slip last week making fresh lows near 1.1433. Our contention remains that price momentum will continue to weigh heavy on EUR/USD with…
EUR/USD was uneventful last week as a standalone pair. The range was contained within one big figure and as expected from last week’s forecast, the…
Last week was full of news releases for many pairs and volatility increased in the latter part. Daily charts provided limited insight, while weekly charts…