August 19-23: key events for major currencies
The economic calendar for the upcoming week contains a number of important events…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/CAD is under pressure
EUR/CAD has tried to return above the previous support and now resistance line connecting the lows of 2015 and 2017.
USD/TRY may return to lows
USD/TRY met resistance near the line connecting 2019 highs in the 5.62 area. This is also where the 50-week MA is capping the price.
EUR/GBP is finally correcting
EUR/GBP may be about to make a bigger downside correction. The pair closed yesterday below the August support line and slipped below the weekly pivot point at 0.9250.
USD/MXN is trading in a range
USD/MXN is quite used to sideways trading. Is it time to buy or sell?
Bitcoin got hit by the news
Bitcoin has confirmed a top, closed below the 50-day MA at 10,921 yesterday and fell through all the key MAs on H4.
EUR/NZD is in a triangle
EUR/NZD met resistance in the 1.7570 area, at the line connecting the 2019 highs.
NZD/CAD has been moving up
What to expect for NZDCAD
USD/CHF is testing lows
USD/CHF fell to the lowest levels in almost a year. The pair slid below the June low at 0.9695.
EUR/USD gets ready for a breakout
EUR/USD is consolidating in a sideways horizontal range with a slight bearish bias. A breakout is getting near.
GBPCAD has been consolidating
Technical analysis of GBPCAD
August on Forex: hot & cold
FBS analysts have gathered the key info about the main currency pairs. We hope that this analysis will make your trading easier.
