Weekly Forex Outlook: August 20-24
The week won’t be notable with a big number of economic events.
USD/JPY: forecast for August 21-25
USD/JPY remains in short- and longer-term downtrend. Decline below 109.00 will open the way down to 108.80 (bottom of the weekly Ichimoku Cloud/August, June lows). In turn, decline below that point will bring the pair down to 108.10 (April low). A break below the latter will be a signal of the bigger top at Forex market. Resistance lies at 109.50, 110.50 and 111.00.
Similar
Trading opportunities for Aug 13-17
It seems that August is going to be a very interesting and eventful month, and traders will have a lot of profit opportunities…
Weekly Forex Outlook: August 6-10
Let’s start with a look at the economic calendar for the upcoming days.
Popular
Webinar: "WEEKLY MARKET OUTLOOK"
Do you want to get clues on the upcoming economic events?
Weekly Forex Outlook: August 20-24
The week won’t be notable with a big number of economic events.
Webinar "FUNDAMENTAL ANALYSIS. How to understand policy of central banks?"
Forex traders often hear about central bank meetings which provoke rapid currency moves, but don’t know how to predict the outcomes of these events.
Deposit with your local payment systems
