Home / Author Archives: Forex Crunch (page 180)

Author Archives: Forex Crunch

GBP/USD Forecast May 23-27

GBP/USD posted strong gains last week, climbing 150 points. The pair closed the week just under the 1.45 line. This week’s key event is Second Estimate GDP. Here is an outlook on the major events moving the pound and an updated technical analysis for...

Read More »

USD/JPY Forecast May 23-27

USD/JPY posted gains for a third straight week. The pair gained 120 points, closing at 109.89. This week’s highlight is Tokyo Core CPI. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY. The Fed...

Read More »

Hard US data for the data-dependent Fed

The Fed is leaning to the hawkish side but stressed that it is data dependent. In the penultimate week of May, we get both an update on the worrying first quarter with updated GDP data as well as a look at Q2 with fresh durable goods orders. In addition, top...

Read More »

AUD/USD Forecast May 23-27

AUD/USD lost ground for a fourth straight week, posting modest losses. The pair closed at 0.7219. This week’s highlight is Private Capital Expenditure. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. The Fed meeting minutes were...

Read More »

NZD/USD Forecast May 23-27

The New Zealand dollar dropped under the weight of the greenback and settled in a lower range. Trade balance and the annual budget release are this week’s events. Here is an analysis of fundamentals and an updated technical analysis for NZD/USD. There were quite a few releases ...

Read More »

USD/CAD Forecast May 23-27

USD/CAD was up sharply last week, gaining 160 points. The pair closed the week at 1.3115. There are only two events on this week’s schedule. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. The Fed meeting minutes were surprisingly hawkish, putting a June ...

Read More »

EUR/USD Forecast May 23-27

EUR/USD dropped to lower ground with the greenback doing most of the work. PMIs and two German surveys stand out. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. The Fed meeting...

Read More »

Forex Weekly Outlook May 23-27

The US dollar had a positive week, enjoying support from the Fed. UK and US GDP updates, US durable goods orders and key German surveys stand out. These are the highlights of this week. Join us as we explore the market movers. The FOMC released minutes from its...

Read More »