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GBP/USD Forecast July 31-Aug. 4 2017

GBP/USD  reversed directions last week and gained 110 points. The pair closed at 1.3120, its highest level since September 2016. This are 10 events this week. Here is an outlook for the highlights of this week and an updated technical analysis for GBP/USD.   In the UK, Preliminary GDP remained unchanged at 0.3%, matching the estimate. Over […]

The post GBP/USD Forecast July 31-Aug. 4 2017 appeared first on Forex Crunch.

USD/CAD Forecast July 31-Aug. 4

The Canadian dollar continues to sparkle, and recorded a fifth straight winning week. USD/CAD closed the week at 1.2416, its lowest weekly close since June 2015. 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. Canada’s GDP expanded 0.6% in May, easily beating the estimate of […]

The post USD/CAD Forecast July 31-Aug. 4 appeared first on Forex Crunch.

AUD/USD Forecast July 31-Aug. 4

AUD/USD posted gains for a third straight week. The pair closed at 0.7981, its highest weekly close since May 2015. The major event this week is the RBA Monetary Statement and Retail Sales. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. In Australia, CPI posted a gain of 0.2%, short of the […]

The post AUD/USD Forecast July 31-Aug. 4 appeared first on Forex Crunch.

USD/CAD Forecast July 24-28 2017

The Canadian dollar rally continued last week, as USD/CAD dropped close to 100 points. The pair closed at 1.2535, its lowest weekly close since June 2015. This week’s key event is GDP. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. The Canadian dollar shrugged off weak inflation numbers, as CPI declined 0.1%, […]

The post USD/CAD Forecast July 24-28 2017 appeared first on Forex Crunch.

GBP/USD Forecast July 24-28 2017

GBP/USD dropped 150 points last week. The pair closed at 1.2965. This week’s highlight is Preliminary GDP. Here is an outlook for the highlights of this week and an updated technical analysis for GBP/USD.   The pound dropped sharply after British CPI slowed down to 2.6%, short of the estimate of 2.9%. In the US, political risk continues […]

The post GBP/USD Forecast July 24-28 2017 appeared first on Forex Crunch.

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