Dollar gains seen limited: Pound the strongest, Yen the weakest

Pair Average levels
1 Week 1 Month 1 Quarter
EURUSD 1.2888 1.2884 1.2807
GBPUSD 1.6468 1.6453 1.6541
USDJPY 108.09 107.82 108.63
USDCHF 0.9338 0.9412 0.9504
AUDUSD 0.8987 0.8969 0.8937
Pair Average levels
1 Week 1 Month 1 Quarter
USDCAD 1.0972 1.1042 1.1148
NZDUSD 0.8204 0.8363 0.8228
GBPJPY 177.62 179.03 180.75
EURJPY 139.71 139.95 141.29
EURGBP 0.7841 0.7821 0.7729

EUR/USD: a bottom nearby? Despite trading at the year low, sentiment is not as negative as suspected, with bulls among banks pointing for a recovery above 1.3000.

GBP/USD downside limited on self strength: Pound is seen mildly higher against the greenback, with focus back on who will raise rate first.

USD/JPY bearish, but not that much: the pair presents a quite mixed outlook, with banks more inclined to a strong retracement towards 102.00.

AUD/USD still no clear picture: for second week in a row, market can’t made up its mind on what to do with Aussie, leaving a neutral outlook both short and midterm.

EUR/JPY slowly turning bullish: yen weakness is still seen leading the way in the pair, with gains expected now beyond 140.00 critical resistance.

EUR/USD: Still eyeing 1.2740 before considering a bottom

EURUSD chart

The week comes to an end with the EUR/USD trading at its lowest level since June last year, having been pretty much falling steadily since posting a high around  1.3700 early July: the weekly chart shows one red candle after the other, with some small consolidations...

Exclusive Analysis

Current Trading Positions

EURUSD Order Entry SL TP
GAINSY SELL LMT <1.2920 - 1.2891 SELL LMT @1.2892 1.2940 1.2780
GBPUSD Order Entry SL TP SELL MKT @1.6440 1.6540 1.6340
USDCHF Order Entry SL TP
Pattern Trapper SELL LI <0.9346 - -
EURGBP Order Entry SL TP
Rockefeller Treasury Services, Inc. SHORT LMT @0.7855 - -

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Most Traded Pairs Now

Pair Price Hour Day Week Month
USDJPY 108.97 0.02 0.20 1.51 5.88
USDCAD 1.0965 -0.02 0.19 -1.15 0.21
EURUSD 1.2837 -0.04 -0.62 -0.98 -3.63
AUDUSD 0.8932 -0.04 -0.58 -1.17 -3.99
GBPUSD 1.6310 -0.02 -0.75 0.26 -1.85