Trading plan for July 17
The USD strengthened after better-than-expected retail sales figures…
Tag - usd
Trading plan for July 16
The USD is awaiting retail sales data, there's active trading in the NZD, and the GBP is under pressure…
USD/CHF: short at higher levels
The pair may hold at the support in the 0.9820 area for some time and try to test levels around 0.9870/90.
GBP/USD is still weak
GBP/USD recovered last week from the 1.2440 area but met resistance around 1.2570.
Weekly Market Outlook: July 15-19
There are a lot of important releases which will affect the Forex market this week.
Trading plan for July 15
Traders are cheered up by the economic figures from China, and the AUD and the NZD are hot now…
NZD/USD: upside won’t be easy
NZD/USD has been trading in a very volatile fashion recently. The latest development has been that the pair met resistance in the vicinity of 0.67.
Trading plan for July 12
Traders are trying to make their mind about the USD…
Trading plan for July 11
The USD has weakened after the Fed's comments…
Trading plan for July 10
Traders await the meeting of the Bank of Canada and the FOMC minutes…
USD/JPY has bottomed out
USD/JPY formed a higher low last week. Then it broke above the resistance line connecting May 13 low and the highs of June.
AUD/USD: bears are still in charge
The pair formed a “double top” pattern at the resistance line that has been in place since the start of 2018.
