Category Archives: Majors

2 Aug: Forecast: FX: US$/Majors

  EURUSD: 1.1806 24 Hour: Neutral Medium Term: Mildly Bullish EurUsd had a choppy session either side of 1.1800, but unable to continue its recent uptrend and leaving the outlook largely unchanged. It could well be that we now chop around near current levels until the NFP on Friday. The ADP is the major data risk today, while… Read More »

1 Aug: Forecast: FX: US$/Majors

  EURUSD: 1.1837 24 Hour: Prefer to buy dips Medium Term: Mildly Bullish The Euro has finished at session and 2 ½ year highs on Monday, with the dollar under general pressure, spiking higher and triggering stops once 1.1800 was taken out. This all means that the Euro will finish the month at trend highs –a rather bullish… Read More »