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GBPUSD Weekly Technical Outlook: Trend Support Needs Respecting

GBPUSD Technical Highlights, Prices and Analysis GBPUSD touches a six-week high. Five Higher Lows in a row boosts sentiment. Reverse Head and Shoulders breakout on the daily chart. We have recently released our Q3 Trading Forecasts for a wide range of Currencies and Commodities, including GBPUSD with our fundamental and medium-term term technical outlook. Daily […]
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AUD/USD Technical Evaluation: Trend Bias Still Bearish After Rebound

AUD/USD Technical Strategy: NET SHORT AT 0.7492 Australian Dollar rebound neutralizes 3-week resistance hurdle Dominant chart setup continues to favor downtrend resumption Short AUD/USD trade still in play, invalidation above 0.73 mark See our free guide to get help building confidence in your AUD/USD trading strategy! The Australian Dollar has mounted a spirited recovery against […]
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EUR/USD Weekly Technical Outlook: Euro May Churn Before Resuming Lower

EUR/USD Technical Highlights: EUR/USD bounces off support around 11300 May spend a little time ‘backing-and-filling’ Path of least resistance favors more selling to follow See what is driving EUR/USD on a fundamental basis and how the longer-term technicals look in the DailyFX Q3 Euro Forecast. Last week, the euro traded down to support around the […]
GBPUSD Weekly Technical Outlook: Trend Support Needs Respecting

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