AUD/USD: bulls are acting
On the daily chart of AUD/USD, bulls still hope to implement the “Wolfe waves” pattern.
Tag - market forecast
NZD/USD: the kiwi learns to fly
On H1, bulls get ready to break the resistance at 0.6825.
Weekly Forex Outlook: July 23-27
Let’s start with a look at the economic calendar for the upcoming days.
EUR/GBP: bulls control the situation
On the daily chart of EUR/GBP, after a plenty of attempts, bulls have managed to pull the pair out of the upper boundary of the 0.87-0.89 consolidation.
EUR/USD: the euro follows the “Shark”
On the daily chart of EUR/USD, the downward triangle is forming.
Has oil lost momentum forever?
The oil market is always highly volatile.
USD/JPY: the yen liked the “Shark”
On the daily chart of USD/JPY, there is the rally to 200% target of the AB=CD pattern.
EUR/JPY: bulls make a trap
On the daily chart of EUR/JPY, the pair keeps going up to 127.2% and 88.6% targets of “Perfect butterfly” and “Shark” patterns.
Trading plan for July 19
It’s a forecast for July 19.
GBP/USD: the pound surfs
On the daily chart of GBP/USD, bears try to break June lows.
USD/CHF: the CHF has reached the Rubicon
On the daily chart of USD/CHF, bears and bulls fight for the important level at 0.9995
European equities head south
On Tuesday, European equities went down, having a second straight loss because telecom stocks were pressured, while market participants stepped back from risk ahead of testimony having to do with monetary policy from Fed Chair Jerome Powell…
