Feedback

The Week Ahead

US inflation makes the case for a US rate hike

Dollar stands victorious this week, having accelerated its advance on Friday on the back of stronger−than−expected inflation readings in the US. The greenback traded with a soft tone the past couple of days amid another round of tepid fundamental releases, coming from the employment and housing sectors. Regional manufacturing and the Markit PMI all missed expectations in May...

EUR/USD Forecast: correction over, back to 1.0460?

The EUR/USD pair has resumed its decline this Friday, all the way down to 1.1000, and is positioned to close the week at a fresh 3−week low...

Still Skirting Close To Deflation

US Q1 GDP to be revised lower. As in the UK, scepticism over the reported weakness in Q1 activity has been widespread in the US following...

Fed's Yellen: Rate hike expected "at some point this year"

Federal Reserve Chair Janet Yellen said on Friday the bank will raise interest rates "at some point this year", but will need to see continued improvement in labor market and be confident inflation will move to 2% over the medium term. "I think it will be appropriate at some point this year to take the initial step...

US Dollar: forecast for May 25−29

The US Dollar has recovered some ground on the past week, supported by the stable CPI index. However, the market still lacks a strong driver to buy the greenback. FOMC meeting minutes showed the members still believe the economy remains too weak for a rate hike in June...

EUR/USD re−focused on 1.1000

The shared currency accelerated its correction lower vs. the greenback towards the end of the week, prompting EUR/USD to re−visit multi−week lows around the psychological 1.1000 neighbourhood...

You blink, you miss it: dollar back in the bullish path

Pair Average levels
1 Week 1 Month 1 Quarter
EURUSD 1.1001 1.0958 1.0674
GBPUSD 1.5506 1.5303 1.5065
USDJPY 121.23 120.99 122.43
USDCHF 9.5870 6.2176 5.6997
AUDUSD 0.7758 0.7724 0.7575
Pair Average levels
1 Week 1 Month 1 Quarter
USDCAD 1.2229 1.2320 1.2516
NZDUSD 0.7313 0.7279 0.7174
GBPJPY 186.95 184.46 184.87
EURJPY 133.54 132.18 131.00
EURGBP 0.7108 0.7171 0.7086

EUR/USD all the way down: according to our latest poll, the pair is heading back towards the year lows, seen around 1.0600 and below in a 3-month view.

GBP/USD enough to the upside: investors expect some consolidation next week, before 1.5000 comes back to play.

USD/JPY bulls gains confidence, but lower targets prevail, with the pair hardly seen beyond the 125.00 level during the upcoming quarter.

AUD/USD strongly bearish sentiment prevails, Aussie seen back to 0.7500 against the greenback, on Central Bank imbalances.

EUR/JPY sideways to bearish, on EUR weakens: limited slides are expected as the JPY is also expected to weaken.

Forex Live Analysis Room

Community: Sharing Ideas and Strategies in Live Basis

Busy week in the #FXroom as members were sharing ideas and trategies every day. Watch what we are doing in the Live Analysis Room: Lyons @JlyonsFundMgmt: Still long stocks tactically with an eye on the exit; and Kevin Araujo @Magikev: EUR/USD towards 1.0730-1.0660 zone

Still long stocks with an eye on exit

EUR/USD towards 1.0730-1.0660

More Videos

In Our Corporate Blog

Wear FXStreet and Support an NGO

FXStreet T-shirt

Help FXStreet to shine a New Light on good causes and order a T-shirt that shows your passion for Forex!
100% of profit will go to New Light India, a NGO that promotes gender equality through education and life-skill training.

Get your T-shirt now

What we're reading

What we're reading

Want to know what our Content Team has recently read in the media?

  • The world’s biggest financial firms rise up against Bloomberg’s terminals (Fortune)
  • Virtu’s Currency Profit Doubles in HFT Firm’s First Results (Bloomberg)
  • Fewer Women Run Big Companies Than Men Named John (The Upshot)
  • Greek finance minister responds to claim that wife was inspiration behind Pulp hit (The Guardian)

  • Check the articles

Education

10% OFF

FibStalker Method Coaching Program

Exploiting algos in modern markets

Giuseppe Basile's high quality coaching with individual attention

FibStalker Trading Method

Next
Dr. S. Sivaraman

Mon, May 25, 05:00 GMT

Register free!

Dr. Sivaraman will review the previous day close levels and calls given in his blog...

Sam Evans

Tue, May 26, 16:00 GMT

Register free!

Sam will discuss some of the many methods used in trade management...

Upcoming Live Events
May 25, 05:00 GMT Dr. S. Sivaraman
May 25, 12:00 GMT Premium Webinar Ed Ponsi
May 25, 13:00 GMT Premium Webinar Ed Ponsi

Education

Online Trading Analysis short course

Organized by FXStreet in association with University of Essex Online

Apply now!

Can I trade before important news?

Keep in mind that fundamental analysis is an effective resource to forecast supply and demand for...


Does Forex News Trading really work?


Two Cases When Trading News Events Goes Wrong

Sponsor broker

Broker EUR/USD GBP/USD USD/JPY

0.8

0.8

0.8

Preferred brokers in your location

Broker EUR/USD GBP/USD USD/JPY

1.7

2.5

1.7

1.9

2.6

2

0.6

0.8

0.5

0.9

0.9

0.9

0.3

0.6

0.3

0.2

0.2

0.3

0.2

0.8

0.4

1.7

1.9

1.3

0.5

0.9

0.5

0.7

0.7

0.7

1

1.8

0.9

0.3

1.1

0.2

1.6

1.7

1.4

0

0

0

0.1

0.5

0.3

0.8

1.2

0.8

0.1

0.1

0.2

0

0

0

1

1.9

0.9

0.7

0.9

0.9

1.7

2.2

1.5

N/A

N/A

N/A

Compare brokers

Most Popular Content

  1. EUR/USD: a losing week
     by FBS May 22, 17:47 GMT
  2. Towards a shift in the balance of growth engines?
     by BNP Paribas May 22, 14:45 GMT
  3. The German economy continued to grow
     by ZuluTrade May 22, 07:51 GMT
  4. EUR/USD: higher US inflation sends USD soaring
     by FXStreet May 22, 12:44 GMT
  5. EUR/USD: dollar's back, but for how long?
     by FXStreet May 19, 19:17 GMT
  1. Gold Analysis: XAU/USD supported at $ 1200, awaits US CPI
     by FXStreet May 22, 06:53 GMT
  2. Yellen expected to be dovish
     by Rockefeller Treasury Services, Inc. May 22, 12:32 GMT
  3. Live: US dollar pullback means better Euro short opportunities
     by FXStreet May 22, 12:42 GMT
  4. EURUSD Will Continue Towards Lower Level
     by EW-Forecast May 22, 13:54 GMT
  5. It is not only about golf for central bankers this weekend
     by The EURUSD Insider May 21, 08:10 GMT

Advertisement

MetaTrader: Platforms and Services

Download MetaTrader 4 or MetaTrader 5
Use Trading Signals to copy trades
Buy Trading Robot in MetaTrader Market
Enjoy MT4 and MT5 Mobile Trading

EdMatts profile
Faisal Islam Producer @KatyScholesSKY in Riga decides tis not just the PM who should digest a tough-looking Sturgeon pic.twitter.com/176rZxDdpM
20:37 GMT
EdMatts profile
zerohedge 5 Things To Ponder: Everybody's Got One http://t.co/kb1NnVJ0Mg
20:36 GMT
EdMatts profile
John Kicklighter ...same situation with $AUDUSD. Speculative futures appetite rising as spot fades back from 0.80: pic.twitter.com/sRo8eaGKYU
20:36 GMT
EdMatts profile
John Kicklighter $USDJPY and futures speculators are not on the same page. Disparity growing between price and positioning: pic.twitter.com/AdrVHEL7tY
20:35 GMT
EdMatts profile
Capital3x #fx #forex #fx (United States) Consumer Price Index Ex Food & Energy (MoM) is 0.3% vs 0.2%: (Un... http://t.co/8yIga0Q138 #markets #es
20:34 GMT
EdMatts profile
Capital3x #fx #forex #fx (United States) Consumer Price Index Ex Food & Energy (YoY) is 1.8% vs 1.8%: (Un... http://t.co/7wuAK5bjOx #markets #es
20:34 GMT
EdMatts profile
Capital3x #fx #forex #fx (United States) Consumer Price Index Ex Food & Energy (MoM) is 0.3% vs 0.2%: (Un... http://t.co/qCBcaE51Ai #markets #es
20:34 GMT
EdMatts profile
Capital3x #fx #forex #fx (United States) Consumer Price Index Ex Food & Energy (YoY) is 1.8% vs 1.8%: (Un... http://t.co/WvFw6EzIlm #markets #es
20:34 GMT
EdMatts profile
Capital3x #fx #forex #fx (United States) Consumer Price Index Ex Food & Energy (MoM) is 0.3% vs 0.2%: (Un... http://t.co/18cKt1ysod #markets #es
20:34 GMT
EdMatts profile
Capital3x #fx (United States) Consumer Price Index Ex Food & Energy (MoM) is 0.3% vs 0.2% http://t.co/Qopzis3nU8
20:33 GMT
EdMatts profile
Capital3x #fx (United States) Consumer Price Index Ex Food & Energy (YoY) is 1.8% vs 1.8% http://t.co/AZJZfZOkNS
20:33 GMT
EdMatts profile
Capital3x #fx (United States) Consumer Price Index Ex Food & Energy (MoM) is 0.3% vs 0.2% http://t.co/pbFW5eBpZT
20:32 GMT
EdMatts profile
Capital3x #fx (United States) Consumer Price Index Ex Food & Energy (YoY) is 1.8% vs 1.8% http://t.co/mJgMTcgfq4
20:32 GMT
EdMatts profile
Capital3x #fx (United States) Consumer Price Index Ex Food & Energy (MoM) is 0.3% vs 0.2% http://t.co/qRA5l0Wpju
20:31 GMT
EdMatts profile
Capital3x #fx (United States) Consumer Price Index Ex Food & Energy (YoY) is 1.8% vs 1.8% http://t.co/RXQ8Nbm4sj
20:31 GMT
EdMatts profile
20:31 GMT
EdMatts profile
Capital3x #fx #forex #fx (United States) Consumer Price Index Ex Food & Energy (MoM) is 0.3% vs 0.2%: (Un... http://t.co/fcEJjnkxpm #markets #es
20:30 GMT
EdMatts profile
Capital3x #fx #forex #fx (United States) Consumer Price Index Ex Food & Energy (YoY) is 1.8% vs 1.8%: (Un... http://t.co/FmSnu1U5sq #markets #es
20:30 GMT
EdMatts profile
Capital3x #fx #forex #fx (United States) Consumer Price Index Ex Food & Energy (MoM) is 0.3% vs 0.2%: (Un... http://t.co/gdflB5dhGV #markets #es
20:30 GMT
EdMatts profile
Capital3x #fx #forex #fx (United States) Consumer Price Index Ex Food & Energy (YoY) is 1.8% vs 1.8%: (Un... http://t.co/iyoRsUSuxB #markets #es
20:30 GMT

Webinar Extract

Support and Resistance Re-engineered by Navin Prithyani