Home / Author Archives: Forex Crunch (page 10)

Author Archives: Forex Crunch

EUR/USD Price Slips Below 1.13 as Greenback Firms, Eying Data

EUR/USD breaks its two-day uptrend and renews an intraday low. The cautious sentiment is similar to dollar buyers before key data releases and ignores dismal returns. US inflation expectations are recovering, and ECB politicians are divided on proceeding. In December, ...

Read More »

AUD/USD Weekly Forecast: Posing Threat to Challenge YTD Lows

Better Aussie jobs report helped overcome the risk-off market sentiment. As expected, Fed announced doubling the tapering speed in its December meeting. Markets participants are looking at US GDP, durable goods, and Aussie Westpac Leading Index. The AUD/USD weekly forecast ...

Read More »

GBP/USD Forecast: 1.3275 Support Ignored As DXY Rallies

The GBP/USD pair could extend its downside movement as long as it stays under the downtrend line. Stabilizing above the 1.3275 level and making a valid breakout above the downtrend line could signal potential growth towards the upper median line. ...

Read More »