US dollar, Euro, British pound, Japanese yen, Australian dollar, Canadian dollar, and New Zealand dollar. USD had an OK week, gradually climbing up from the lows on gbp chf forex forecast next week data. CAD had a turbulent week but eventually closed at similar levels to the previous one. JPY had another down week amid unimpressive data, concerns about Italy, and trade.
Is the recovery real or just a dead cat bounce? USD managed to close the week on higher ground for a change. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader’s level of experience should be carefully weighed before entering the Forex market.
This currency can be found in the trading portfolio of lots of traders. 3390 but added the next resistance at 1. 8800 mark after upbeat UK manufacturing PMI. USD bounces off 6-month lowsUSD bulls take some breather and prompt some short-covering bounce. 34824 over the last few trading sessions and has formed a trading range up to 1.
3960Hits the lowest in five-weeks at 1. 3918, as USD buying picks-up pace. Brexit and geopolitical tensions add to the downside. GBP upside pressure alleviatedFX Strategists at UOB Group remain neutral on Cable, adding that a break below 1. USD drops to fresh lows near 1. 3840Cable tests lows near the 1.