Weekly Market Outlook: August 19-23
What to expect this week
Tag - usd
Levels for trading USD/CAD
To gain the ability to head higher, towards 1.3445, USD/CAD needs to overcome 1.3355 (61.8% Fibo of the May-July decline).
August 19-23: key events for major currencies
The economic calendar for the upcoming week contains a number of important events…
Trading plan for August 16
The USD is supported by the strong retail sales figures. The GBP has also managed to recover. What will be the next moves of the key currencies?
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.
Market updates on August 15
The risk sentiment remains under pressure after the comments by China about the countermeasures against the US tariffs. Thus, the AUD/USD and the USD/JPY pairs will be under our attention.
Trading plan for August 15
Get the technical and fundamental analysis for EUR/USD, USD/JPY, oil and more!
USD/MXN is trading in a range
USD/MXN is quite used to sideways trading. Is it time to buy or sell?
Attention: risk sentiment is off
During the European trading session, both the US and the UK yield curves inverted.
Market updates on August 14
Levels for Wednesday's trading
Trading plan for August 14
Although the US President decided to delay some tariffs on Chinese goods, the market's mood didn't improve much. Find out what has happened and how to trade on it!
The tariffs are delayed
The sentiment in the market gets better
