Weekly forex forecast: EUR/USD, XAU/USD, GBP/USD, USD/JPY, Bitcoin [video]

John Fortune Get Me Trading

Join me for my weekly trading plan with this week's forex analysis covering:

DXY, EUR/USD, GBP/USD, USD/JPY, USD/CAD, USD/CHF, AUD/USD, NZD/USD

EUR/NZD, EUR/GBP, GBP/CHF, NZD/CHF

Bitcoin Analysis - BTC/USD
Ethereum Analysis - ETH/USD

Gold Analysis - XAU/USD
Silver Analysis - XAG/USD
Crude Oil Analysis - WTI

Key times in this week's Weekly Forex Forecast & Forex analysis:

00:01 DXY, EUR/USD, GBP/USD, USD/JPY, USD/CAD, USD/CHF, AUD/USD, NZD/USD, Bitcoin, Ethereum
25:10 Relative Forex Analysis (Market Selection)
28:44 Top Forex Pairs (Watchlist)
37:23 XAU/USD & XAG/USD (Gold & Silver)

Author

John Fortune

Get Me Trading

John Fortune is a professional trader and Head Analyst at Get Me Trading. John has over a decade worth of experience in the Financial Markets and produces a Weekly Forex Forecast covering over 30 markets each weekend.

GBP/USD: Downward-sloping trendline near 1.3470 remains key barrier

The British pound faces selling pressure against its major currency peers, trading 0.1% lower at around 1.3420 against the US Dollar during the European trading session on Tuesday.

Euro clings to the bid bias above 1.1500

EUR/USD has picked up pace, reversing Monday’s decline and advancing past the 1.1500 barrier on Tuesday. In the meantime, hopes for a diplomatic solution to the Middle East crisis keep the US Dollar under modest downside pressure, helping spot in its recovery.

Ethereum holds steady below $1,900 as retail distribution rises

Ethereum (ETH) continued trading flat on Tuesday following modestly increasing exchange net flows and continued distribution across retail wallets. Ethereum on-chain data shows mixed sentiment across several wallet cohorts.

RBI set to keep interest rates unchanged as inflation risks persist

The Reserve Bank of India is set to announce its bi-monthly monetary policy decision on Wednesday at 10:00 AM IST (04:30 GMT), another meeting coming at a time when uncertainty remains high over the duration and economic fallout of the ongoing Middle East conflict.

9-3: Is the Federal Reserve’s vote tally Warsh's new forward guidance?

The rate did not move. Neither did the statement, and that’s the more interesting fact. Set the July 29 Federal Open Market Committee (FOMC) statement beside the one issued on June 17, and the two documents are identical apart from a single verb and a paragraph at the bottom naming three dissenters.