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  • EURUSD – overall picture is bearish but headwinds continue to slow the action
  • USDJPY rises towards 2023 high on dovish BOJ
  • Cable hits 10-month low after BoE’s decision to keep rates unchanged
  • Aussie dollar falls on post-Fed risk aversion
  • Gold loses ground after hawkish signals from Fed
  • Swiss franc falls sharply after SNB surprise to keep rates on hold
  • Dollar was lifted by Fed’s hawkish pause but facing headwinds from strong technical resistances
  • Oil price eases from new 2023 high ahead of Fed
  • GBPUSD falls on softer than expected UK inflation data
  • EURUSD – recovery is losing traction

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Technical Outlook

EURUSD looks for fresh direction signals

Slobodan Drvenica May 24, 2023
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Technical Outlook

Euro likely to weaken further after consolidation

Slobodan Drvenica May 19, 2023
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Technical Outlook

Bears hold grip and look for attack at next key support

Slobodan Drvenica May 17, 2023
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Technical Outlook

Weekly close below key Fibo support was bearish signal

Slobodan Drvenica May 15, 2023
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Technical Outlook

Bears gain traction on break of pivotal Fibo support / recent range floor

Slobodan Drvenica May 12, 2023
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Technical Outlook

Bullish bias above 1.10 support, but near-term action still in a range

Slobodan Drvenica May 8, 2023
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Technical Outlook

Euro remains within the range but biased higher ahead of NFP

Slobodan Drvenica May 5, 2023
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Technical Outlook

Violation of key support makes the downside more vulnerable, but Fed and ECB likely to define…

Slobodan Drvenica May 2, 2023
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Technical Outlook

Shallow correction to keep bulls intact

Slobodan Drvenica May 1, 2023
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Technical Outlook

Larger bulls likely to regain traction after a shallow pullback

Slobodan Drvenica Apr 28, 2023
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Lastest Posts
  • EURUSD – overall picture is bearish but headwinds continue to slow the action
  • USDJPY rises towards 2023 high on dovish BOJ
  • Cable hits 10-month low after BoE’s decision to keep rates unchanged
  • Aussie dollar falls on post-Fed risk aversion
  • Gold loses ground after hawkish signals from Fed

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