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  1. Euro (EUR/USD) Forecast

    by , 07-24-2022 at 06:14 PM
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    EUR/USD is heading towards a week full of important data releases and events, from both sides of the pair, that will whip up volatility further.

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  2. USD/JPY Outlook

    by , 07-24-2022 at 03:34 PM
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    USD/JPY has risen sharply this year, but it may soon begin to correct lower on signs that Fed hawkishness has peaked amid rapidly slowing U.S. economic activity.
    Intra-day H4 price is on secondary correction by trying to break 200 SMA to below for the primary bearish trend to be started with support level at 135.55 as a possible target to re-enter.

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  3. GBP/USD - symmetric triangle pattern to be broken for the bear market rally

    by , 07-23-2022 at 06:45 PM
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    The Federal Reserve interest rate decision may undermine the recent rebound in GBP/USD if the central bank steps up its effort to combat inflation. The daily price broke symmetric triangle pattern to above for the bear market rally to be started with 1.20 resistance level to be crossed for the rally to be continuing.

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  4. AUD/USD Weekly Forecast

    by , 07-23-2022 at 03:12 PM
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    A strong close last week sets up AUD/USD for the upcoming data heavy week with focus on the Fed.
    The daily price is breaking the bullish triangle pattern to above for the secondary bear market rally to be continuing with the possible daily bullish reversal.

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  5. ECB Delivers Bigger Than Expected 50 Bps Hike

    by , 07-22-2022 at 06:41 PM
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    The European Central Bank raised its interest rates for the first time in over a decade on Thursday, by a bigger-than-expected 50 basis points, and unveiled an anti-fragmentation tool called the Transmission Protection Instrument, or TPI.

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