Weeky Trading Forecast: Technical Versus Fundamental Boundaries
Dailyfx | Aug 09, 2015 02:18AM ET
There are tempting technical patterns across the FX and capital markets, but without genuine motivation, can these setups fulfill their potential?
Dollar Faces a Technical Breakout In Summer Trading Conditions
On the one hand, the US dollar is in a position that is prone to volatility and thereafter a break. On the other, it is lacking for decisive fundamental catalysts and is dealing with the lassitude of summer trading conditions.
Strong US Sales, Consumer Confidence to Validate USD/JPY Breakout
Positive data prints from the world’s largest economy may prop up USD/JPY in the weak ahead.
British Pound is Down but Not Out – Watch Key Labor Figures
A key disappointment from a highly-anticipated Bank of England policy meeting pushed the British pound to fresh monthly lows versus the US dollar
Australian Dollar Facing Few Hurdles to Continued Recovery
The Australian dollar sees relatively few hurdles to continued recovery after last week’s news-flow delivered support from the domestic and external fronts.
Gold Losses Tempered as August Opening Range Holds Above Key Support
Gold prices are softer for a seventh consecutive week, with the precious metal off by just 0.10% to trade at 1094 ahead of the New York close on Friday
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