Category: Weekly Forex Forecasts

USD/JPY Forecast Mar. 30-Apr. 3

USD/JPY improved for a second straight week, as USD/JPY closed at the 119 line. This week’s highlights are the Tankan indices. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY.

In Japan, inflation remains at low levels, while Retail Sales missed expectations. In the US, key data painted a mixed picture. Inflation beat expectations and New Home Sales were also stronger than expected. However, durable goods orders were weak and GDP missed the estimate.

Read the rest of the article USD/JPY Forecast Mar. 30-Apr. 3
AUD/USD Forecast Mar. 30-Apr. 3

AUD/USD Forecast Mar. 30-Apr. 3

The Australian dollar showed some strength during the week, but retracted and closed the week with slight losses. AUD/USD closed the week at 0.7736. The upcoming week has nine events. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. It was a quiet week for Australian data, with just one minor release. In

GBP/USD Forecast Mar. 30-Apr. 3

GBP/USD Forecast Mar. 30-Apr. 3

The British pound lost about 80 points last week, as GBP/USD closed at 1.4856. This week’s highlights are Current Account and PMI reports. Here is an outlook on the major events moving the pound and an updated technical analysis for GBP/USD. British inflation levels continue to stagnate, as CPI fell to 0.0%, its lowest level since 1960. On the bright

NZD/USD Forecast Mar. 30 – Apr. 3

NZD/USD Forecast Mar. 30 – Apr. 3

The New Zealand dollar managed to reach new highs against the greenback, but it found it hard to maintain these achievements and ended the week full circle. Business confidence and milk prices are the highlights. Here is an analysis of fundamentals and an updated technical analysis for NZD/USD. In the US, inflation came out stronger than expected and

USD/CAD Forecast Mar. 30 – Apr. 3

USD/CAD Forecast Mar. 30 – Apr. 3

The Canadian dollar showed some strength during the week, but ended the week almost unchanged.  USD/CAD closed just above the 1.26 line. It’s a quiet week, with just three events this week. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. There were no Canadian economic releases last week. In the US, inflation beat expectations and New

EUR/USD Forecast Mar. 30 – Apr. 3

EUR/USD Forecast Mar. 30 – Apr. 3

EUR/USD continued its upside run, tackling the 1.10 level but struggling with the highs and eventually closing close to levels seen in the previous week. The upcoming week features inflation numbers and more PMIs. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Better than expected German manufacturing PMI helped the

Forex Weekly Outlook Mar 30-Apr 3

Forex Weekly Outlook Mar 30-Apr 3

The US dollar managed to fight back and correct part of the correction. In the week that ends with Good Friday, we have a buildup towards the all important US Non-Farm Payrolls as well as Canadian GDP, US Consumer Confidence and more events. Join us as we explore the top events of this week. The US

USD/JPY Forecast Mar. 23-27

USD/JPY Forecast Mar. 23-27

USD/JPY dropped about 140 points last week, as USD/JPY closed just below the 120 line. This week’s highlights are Tokyo Core CPI and Retail Sales. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY. The Japanese yen took advantage of broad US dollar weakness after the

AUD/USD Forecast Mar. 23-27

AUD/USD Forecast Mar. 23-27

The Australian dollar reversed directions and gained about 150 points last week. AUD/USD closed the week at 0.7761. The upcoming week has just four events. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. The Aussie took advantage of broad US dollar weakness after the Federal Reserve statement last week. Although

GBP/USD Forecast Mar. 23-27

GBP/USD Forecast Mar. 23-27

The British pound showed strong movement in both directions last week, and GBP/USD gained about 180 points. The pair closed the week at 1.4932. This week’s highlights are CPI and Retail Sales. Here is an outlook on the major events moving the pound and an updated technical analysis for GBP/USD. British key numbers were mostly within expectations, and the pound