USD (US Dollar)

thunderpips

Fundamental bias: Mildly bullish DXY has seen a classic short squeeze – the trigger being that 7 of 18 FOMC members felt that a first rate hike could come in 2022. Interestingly, the response has been felt harder in FX than US Treasury markets, where the search for carry still sees strong demand at the long end of the curve. You would say that the chances of a...

thunderpips

Fundamental bias: Mildly bullish The Australian dollar was hit by the hawkish Fed this week but domestically, the very strong employment data (May unemployment rate fell to 5.1% vs consensus 5.5%) this week is set to make the 7 July RBA meeting very interesting. The RBA minutes did not reveal anything new but among the four possible options presented in terms of...

financialflagship

Last week, our forecast came true as the Australian Dollar dropped and broke the support area. In the coming week, we expect the price to continue to make a pullback and reach the resistance area before falling again. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used...

Jin_LCMSTraders

Yesterday, USD strengthened against most of the major currencies except JPY. In an interview last Friday FOMC member Bullard said that he expects the Fed to hike rate in late 2022 with the faster than forecast rise in inflation. FOMC member Williams will be speaking tomorrow at 0300 (GMT+8). During this time, there may be volatility in USD.

thunderpips

Fundamental bias: Mildly bearish The next few weeks could be a vulnerable period for cable. First, the near-term EUR/USD upside potential has faded and short-term downside risks remain following the hawkish June FOMC meeting. Second, concerns about the spreading Delta variant should prevent any further hawkish repricing of the market outlook for the Bank of...

thunderpips

Fundamental bias: Mildly bearish Price action has all the hallmarks of a short, sharp position adjustment – suggesting the bulk of the correction may have occurred. Yet we feel Fed speak could see EUR/USD correct a little further lower this week. Look out for speeches from ECB President Christine Lagarde and board member Isabel Schnabel – likely to repeat...

financialflagship

In our previous outlook, we expected USDJPY to drop towards the support area. Instead, the price gathered some bullish momentum and slowed down the small rally. For next week, we expect the pair to reach the support level and bounce back up. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and...

ForecastCity_World

Midterm forecast: While the price is above the support 23.75, a resumption of the uptrend is expected. We make sure when the resistance at 28.75 breaks. If the support at 23.75 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The symmetrical triangle is taking shape. As a continuation pattern suggests, we will...

Sniper-fx

This is my prediction for the EUR/USD pair this week

AliAlyousef

ADA

WallStreet_FX

AUD broke through major low key level. Looking to sell Aud between 76000 - 76200 after a retest at the key level.

travislester37

This cycle has shown us something not seen in previous cycles; we've had two major mid-cycle crosses of the 50 day SMA below the 200 day SMA already. It doesn't necessarily mean that it's meaningless or worth completely ignoring, but what it does tell me is that there's a good chance this is not the end of the bull market and that the 50/200 day SMA death cross...

thunderpips

Fundamental bias: Mildly bullish While domestic fundamentals continue to point to strength in the New Zealand dollar (i.e. the 1Q GDP released this week was strong, meaningfully surpassing the consensus expectations: 1.6% quarter-on-quarter vs the consensus at 0.5%), the external environment matters more. The hawkish Fed and the rebound in USD are clear...

thunderpips

Fundamental bias: Neutral USD/CAD has witnessed a classic short squeeze. Like fellow commodity currencies, the toxic cocktail of Fed hawkishness and Chinese commodity intervention has taken its toll on heavily-backed trades. Yet it looks like the BoC will be well ahead of the Fed in tightening policy and now that the majority of the correction is over,...

sroshberwary_fx

ADAUSD above the triangle will get the strong upward till targets, In the yellow triangle you should wait till getting support line 0.97 then will grow up. ——— Tendency: upward Entry: above 1.370 TP.: 1.870 & 2.300 & 2.470 SL.: under 0.42

sroshberwary_fx

Ethusd above support line will get a strong upward. But if the price can break support line 1900 so i think will start to downward but it is difficult to break it. ——- Tendency: upward Entry: above 2170$ Tp.: 2410 & 2650 & 2890 Sl.: under 1930

hamedord81

if you want enter the xrp you can have short

javanmeh

AS I MENTIONED IN PREVIOUS ANALYSIS, WE HIT THE THE SECOND TARGET AND WE PREDICTED THE FALLING OF MARKET NOW, EYES MUST BE ON THE RESISTANCE AROUND 4.30. IF THIS LEVEL BREAKS UPWARD, IT WOULD BE A SIGN FOR MORE DIP IN WHOLE MARKET! IN SHORT TERM, IF THE SUPPORT LEVEL AROUND 4.19 BREAKS DOWNSIDE, IT WOULD BE A SIGN FOR RISING WHOL MARKET TO THE NEXT SUPPORT...