Weekly Forex Trading Forecast: Prepare for Breakouts, Volatility and Trends This Week

RELATED QUOTES

SymbolPriceChange
^USDOLLAR10,503.75-26.46
EURUSD=X1.3522-0.0003
GBPUSD=X1.6176-0.0017

US Dollar Forecast - US Dollar Set for Breakout, Risk and Budget Standoff Decide Magnitude

The USDollar carved out an incredibly restrained 50 point range this past week – directly after the Fed held course on stimulus.

Euro Forecast – Why Might Next Week Finally Bring Big Euro and US Dollar Moves?

The Euro finished just short of 7-month highs versus the US Dollar as the 4th-consecutive week of DJ FXCM Dollar Index (ticker:USDOLLAR) weakness left the EURUSDnear recent peaks.

British Pound Forecast - Pound Eyes 1.6200 on More Hawkish BoE, Stronger U.K. Recovery

Fresh comments from Bank of England (BoE) Governor Mark Carney pushed the British Pound to a weekly high of 1.6132, and the GBPUSD may continue to track higher ahead of the next policy meeting on October 10 as the central bank moves away from its easing cycle.

Australian Dollar Forecast - Aussie Bounce at Risk on RBA, ISM and NFP Outcomes

The Australian Dollar’s recent recovery faces major risks as the RBA delivers its monetary policy announcement while key US data drives Fed “taper” bets.

Weekly_Forex_Trading_Forecast_Prepare_for_Breakouts_Volatility_and_Trends_This_Week_body_222.png, Weekly Forex Trading Forecast: Prepare for Breakouts, Volatility and Trends This Week

How does a Currency War affect your FX trading?

Written by the DailyFX Research Team. To sign up for a weekly e-mail with our currency outlooks, go to our page for forex news delivered to your inbox.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
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