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Weekly FX Chart Outlook – October 7-11 – Forex Forum
Weekly FX Chart Outlook – October 7-11 There is a light economic calendar in the week ahead as traders are left to digest the stronger US September jobs report, which has all but factored out a risk of a 50bps Fed rate cut in November. With no key labor reports due from the…
How to Handle Your Trading Worries
In the simplest sense of the word, worrying is to feel concerned or uncomfortable, oftentimes (but not always) in anticipation of a negative event or outcome. After all, we’re all human and we have the basic need to avoid pain. For forex traders, the major sources of psychological pain tend to involve losing capital and/or…
EUR/USD Weekly Outlook – Action Forex
EUR/USD stayed in consolidations below 1.6300 last week and outlook is unchanged. Initial bias remains neutral this week first. Further rise is expected as long as 1.1372 support holds. Firm break of 1.1630 will resume the rise from 1.1076 and target 61.8% projection of 1.0176 to 1.1572 from 1.1064 at 1.1927…
USD/CAD Holds Near 2025 Low
When we last analysed the USD/CAD chart on 4 June, we identified a descending channel that remains relevant. On 5 June, the pair reached a new low for 2025, and it is possible that bears will attempt to extend this move further over the course of the month. Why is USD/CAD declining? The Canadian dollar…
GBP/USD Forecast: 1.3470 at Sight Amid Mixed UK Data, Fed Rate Cuts Bets – Forex Crunch
UK GDP indicates modest growth, while dovish Fed expectations weakened the dollar. Geopolitical risks like US-China trade frictions and French political uncertainty keep sentiment cautious. Traders look forward to FOMC Waller’s speech and the Philly Fed manufacturing index for further impetus. The GBP/USD forecast indicates the price stays above the 1.3400 level, backed by mixed…
LULU) On Different Timeframes – Forex Market Analysis – ForexCycle.com
The Elliott Wave analysis for Lululemon Athletica (NASDAQ: LULU) provides a detailed examination of its ongoing corrective structure within a larger five-wave impulsive sequence. Daily Elliott Wave Counts: On the daily chart, the stock remains in wave (4), a corrective phase within a larger impulsive trend. Wave (4) appears to follow an ABC zigzag pattern….
