EUR/USD, Thursday forecast, August 15
The downtrend may be expected to continue, while pair is trading below resistance level 1.1160, which will be followed by reaching support level 1.1106.
An uptrend will start as soon, as the pair rises above resistance level 1.1160, which will be followed by moving up to resistance level 1.1180 and 1.1222.

EURUSD

Weekly forecast, August 12 - 16
An uptrend will start as soon, as the pair rises above resistance level 1.1210, which will be followed by moving up to resistance level 1.1270 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1370.
An downtrend will start as soon, as the pair drops below support level 1.1160, which will be followed by moving down to support level 1.1106 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.1027.

Strategist

Analysis feed

Latest Forex Analysis

Editors’ Picks

AUD/USD consolidates the recovery above 0.6800, focus on trade

AUD/USD trades in a tight range above the 0.68 handle, consolidating Friday's solid comeback amid escalating Hong Kong turmoil that continues to weigh on the market mood. The Aussie awaits US-China trade updates for fresh directives. 

AUD/USD News

USD/JPY holds steady near 108.75 amid Hong Kong woes, trade hopes

The USD/JPY pair is seen treading water around 108.75 region, as a sense of caution prevails in Monday’s Asian trading amid escalating Hong Kong violence. All eyes to remain on US-China trade negotiations amid light US calendar.

USD/JPY News

USD/JPY holds steady near 108.75 amid Hong Kong woes, trade hopes

The USD/JPY pair is seen treading water around 108.75 region, as a sense of caution prevails in Monday’s Asian trading amid escalating Hong Kong violence. All eyes to remain on US-China trade negotiations amid light US calendar.

USD/JPY News

US Dollar Index challenges weekly lows near 98.00

The US Dollar Index (DXY), which gauges the buck vs. a bundle of its main rivals, is now accelerating the downside and threatens to test the key support at 98.00 the figure.

US Dollar Index News

Gold seesaws around $1468 amid geopolitical tension, trade optimism

With the geopolitical tension concerning Hong Kong and Iran crossing wires, optimism surrounding the US-CN trade deal seems to fail in luring the Gold sellers. As a result, Gold takes rounds to $1,468 during early Asia.

Gold News

Forex Majors

Cryptocurrencies

Signatures