USD/CHF Weekly Analysis (3rd week of July,2021)Demand in Save Heaven pair due to the COVID delta variant. Nevertheless, U.S Dollar is strengthening due to the government's quantitive easing.
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GBP/USD Weekly Analysis (3rd week of July,2021)Comments from Bank of England officials during the week, pointing to the need to reduce asset purchases earlier than expected, failed to lift the pound significantly. “The impact on GBP was limited, partly because the next step in the eventual policy normalisation process (rate hikes) remains still some way off. Despite the increasing Covid-19 cases, the UK government will deliver the final part of the reopening/end of restrictions on 19 July”, explain ING analysts. Next week UK data includes June retails sales and July PMI, both reports due on Friday.
EUR/USD Weekly Analysis (3rd week of July,2021)Eyes on the German Flash Manufacturing PMI & German Flash Services PMI!! These upcoming economic events may change the phase!
AUD/USD Weekly Analysis (3rd week of July,2021)Asia-Pacific markets face a shaky open to the week after Australia tightened lockdown measures in Sydney, the country’s most populated city, over the weekend. The New South Wales (NSW) capital city saw a range of added restrictions since Friday, including a shutdown of non-essential retail storefronts, as policymakers scramble to contain a new wave of infections driven by the highly transmissible Delta variant.
USD/CAD Weekly Analysis (3rd week of July,2021) With current Canada's government tapering and with the price of Oil coming down, we expect weakness in the loonie
CADJPY is ready to flyLiquidation is finished. CJ is ready to fly, unless she has to range a bit more... :)
A short setup for EURCADA strong resistant level with rejection, a possible continuation to the downside.
GBPUSD Price ForecastWait for breakdown on GBPUSD and sell
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NZDUSD wave analysisLooking at the waves, one small move up for NZDUSD and then a reversal will follow
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Inverse chart
EURUSD potential long to make final targetEURUSD breakout could see EURO rising further to the 1.18's before it takes a deep. Long-term analysis is in related links
