AUD/USD Technical Analysis
The pair has found a resistance level.
At the moment we observe a strong weakening of the reserve currency and our pair is moving down. We can assume that against the background of global news and trade wars, the US dollar will continue its decline. However, our pair has found a resistance level and suspended the upward movement.
More information see here
https://superforex.com/analytics/aud...0718/?x=FORUMS
https://superforex.com/additionalima...s-100718-0.jpg
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CAD/JPY Fundamental Review & Forecast
There's a high probability of a rate increase by the Bank of Canada today. The deals to BUY seem the most effective in the near future.
The rates are in the mode of extremely high volatility due to multidirectional macroeconomic statistics, as well as tension because of the trade war. The market is still afraid of the development of trade war and reacts to any news.
More information see here
Attachment 32298
GBP/USD Technical Analysis
The pair is headed down.
Despite the macroeconomic data released on Wednesday from the US, we are currently seeing that the dollar index has stopped its decline and is trying to win back the positions lost earlier.
More information see here
https://superforex.com/analytics/gbp...0718/?x=FORUMS
https://superforex.com/additionalima...s-120718-0.jpg
Trade Wars: European Edition
What could the consequences be if the United States takes its argument with the EU any further?
With the United States and China being number 1 and number 2 of the world’s biggest economies respectively, much of the trade war discourse has focused on those two countries.
More information see here
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EUR/SGD: Review and Forecast
The uptrend is losing its intensity. However, the deals to BUY seem the most effective.
A month and a half ago an upward trend was formed, though it can be completed soon. For about two weeks the rates have been in the flat range of 1.5863-1.5974 SGD. Both currencies cannot find enough incentives for growth.
More information see here
Attachment 32345
GBP/USD Technical Analysis
The pair is about to turn.
Today we expect Jerome Powell's speech during which there will likely be a strengthening in the reserve currency. Data released today on the labor market in the UK was worse than expected.
More information see here
https://superforex.com/analytics/gbp...0718/?x=FORUMS
https://superforex.com/additionalima...s-170718-0.jpg
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USD/SEK Short Review and Forecast
The USD has good perspectives for further growth. The deals to BUY seem the most effective in the medium term.
The rates continue within the upward trend. It has recovered to the level of the beginning of 2017, in a high volatility mode. Over the past 15 months the value of USD has changed from 8.37 to 9.02 SEK. At the moment we can see a slowdown in the economic growth of the EU amid a soft monetary policy.
More information see here
Attachment 32358
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EUR/USD Technical Analysis & Daily Chart
We can buy the pair today.
Today we would take a look at the EUR/USD currency pair. The pair has experienced quite a few ups and downs lately and currently appears to be on the rise.
More information see here
Attachment 32383
EUR/USD Technical Analysis
The pair will go down.
Our pair was reflected from the level of 1.1745 and headed down. The recently published indices from the EU do not provide specific conclusions and are multidirectional.
More information see here
https://superforex.com/additionalima...s-240718-0.jpg