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  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July
  • DOLLAR INDEX breaks key supports
  • GOLD – bulls take a breather under new multi-week high ahead of US economic data
  • US inflation eases in July
  • Brent price falls after recovery failed to clear important $90 barrier
  • Reserve Bank of Australia keeps rates unchanged but signals possible further policy tightening
  • EURUSD – bulls hold grip but continue to face strong headwinds at 100DMA / daily cloud top
  • USD INDEX – key technical support zone remains under increased pressure

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FX

Technical Outlook

Plethora of resistances between 1.2985 and 1.3021 to cap corrective upticks before bears resume

Slobodan Drvenica Oct 4, 2018
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Technical Outlook

Bullish bias above broken weekly 200SMA for 115+ gains

Slobodan Drvenica Oct 4, 2018
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Technical Outlook

Consolidation above new five-week low to precede fresh weakness; weekly cloud base to cap upticks

Slobodan Drvenica Oct 4, 2018
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Technical Outlook

Dollar rises above 114 on upbeat US data; NFP report eyed for fresh signals

Slobodan Drvenica Oct 3, 2018
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Technical Outlook

Euro hits session low after upbeat US jobs data boosted dollar

Slobodan Drvenica Oct 3, 2018
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Technical Outlook

Bulls may extend consolidation before resuming; US crude stocks data eyed for fresh signal

Slobodan Drvenica Oct 3, 2018
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Technical Outlook

Strong bearish signal on close below 0.7172 Fibo support

Slobodan Drvenica Oct 3, 2018
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Technical Outlook

Bulls remain fully in play above broken weekly 200SMA

Slobodan Drvenica Oct 3, 2018
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Technical Outlook

Bearish structure favors limited recovery ahead of fresh weakness

Slobodan Drvenica Oct 3, 2018
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Technical Outlook

Turkish lira showed limited reaction on Turkey’s CPI shock

Slobodan Drvenica Oct 3, 2018
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Latest Posts
  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July
  • DOLLAR INDEX breaks key supports
  • GOLD – bulls take a breather under new multi-week high ahead of US economic data

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