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Author Archives: Forex Crunch

Sell the USD also in May? – Live Market Open from 7:00 GMT

The morning show is back after a week off and a lot has happened, mostly against the US dollar. A lot is happening also this week. Will the greenback continue suffering? Join me for a live market open, hosted by FXStreet: walking though recent developments and their impact on currencies, going through ...

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The Dollar’s 100 Yen Risk Amid Weaker BoJ Policy Put – BofA Merrill

With inaction from the BOJ, the yen rallied hard. What’s next? It could certainly continue: Here is their view, courtesy of eFXnews: BoJ opts to keep ammunition: At the Monetary Policy Meeting of 27-28 April, the Bank of Japan (BoJ) decided to keep its policy unchanged despite downward revisions across the board and ...

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USD/CAD Forecast May 2-6

The Canadian dollar enjoyed another strong week, as USD/CAD posted gains of 120 points. The pair closed at 1.2552. This week’s key event is Employment Change. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. As ...

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AUD/USD Forecast May 2-6

AUD/USD reversed directions last week, losing 120 points. The pair closed the week just below the 0.76 line. The upcoming week is busy, with 15 events. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. As expected, the Federal Reserve remained on the sidelines ...

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GBP/USD Forecast May 2-6

GBP/USD posted strong gains for a second straight week, climbing 160 points. The pair closed the week at the 1.46 line, its highest level since February. This week’s highlights are the PMI reports. Here is an outlook on the major events ...

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USD/JPY Forecast May 2-6

USD/JPY posted huge losses, surging some 520 points. The pair closed at 106.23, its lowest level since October 2014. The upcoming week is very quiet, with just two events on the calendar. Here is an outlook on the major events moving the yen and an updated technical analysis for...

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EUR/USD Forecast May 2-6

EUR/USD had an excellent week, riding on USD weakness to rally but was contained by tough resistance. Will it bounce or break? . Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. ...

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Forex Weekly Outlook May 2-6

The US dollar suffered quite a bit and the yen was a shining star in the closing week of April. Draghi’s speech, A rate decision in Australia,  Draghi’s speech and a full build up to the Non-Farm Payrolls...

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