Compilation of end-2018 forecasts for EURUSD, USDSGD, AUDUSD, USDJPY and GBPUSD from sources.
Weekly charts of NZDUSD, XAUUSD, GBPUSD, USDCNH and WTI ‘big picture’ analysis. Clicks together a story that indicates DXY weakening.
There remain genuine concerns that such resilience can be sustained, further exacerbated by the surprisingly disappointing UK Construction and Services PMI data from February
I look at concept of relative strength between currencies over a duration and how traders can overlay forex pairs to pick the winning trade. This is an example that supplements what I have written about this topic 4 weeks ago.
Experienced traders tell me that this year is different, that the forex market is very difficult. These few charts may just be the picture to visualise the kind of trading we are going through this year. Besides EURUSD and GBP, I discuss slippage, different broker price feeds.