I’ll be away this week and most likely won’t be able to post signals updates.

Happy and profitable week in Forex!

Forex technical analysis

EUR-USD => 1.4850 - 1.4870 should mark the end of an uptrend with a following pullback to 1.4730. Rising above 1.4920 cancels pullback.

GBP-USD => 1.9635 if not then 1.9710 will end the uptrend with a pullback to 1.9560 - 1.9520.

USD-CHF => While 1.0965 - 1.1000 resists we may see another dip to 1.0830 or 1even 1.0765. Later a correction to 1.0965 and possibly 1.1000 is expected.

USD-JPY => 107.30 if not then 106.90 will stop the fall for a move up to 107.60 - 107.90.

EUR-JPY => Expecting a recovery to 159.50 and possibly to 159.95. Support levels are at 158.95 and 158.70.

EUR-GBP => 0.7565 resistance is at watch, if holds we should see a fall to 0.7487. Stop loss slightly above 0.7580.

EUR-CHF => Downtrend will prevail. Probably there is going to be an attempt to rise to 1.6210 from either 1.6130 or 1.6100.

USD-CAD => Main support at 1.0050 should hold allowing a move up to 1.0150 and possibly to 1.0185.

GBP-JPY => sideways mode is in full swing. Friday trading for this pair should be avoided.

Forex Fundamental overview
Time EST
8:30am CAD Core Retail Sales m/m High Impact Expected
8:30am CAD Retail Sales m/m Medium Impact Expected Forecast => 0.8%. Higher than that - stronger CAD, lower - weaker. 1:30pm USD Dallas Fed President Fisher Speaks Medium Impact Expected

Forex technical analysis

EUR-USD => While support at 1.4690 holds, we should see a move up to 1.4760. Stop Loss is placed slightly below 1.4570.

GBP-USD => 1.9330 - 1.9390 should mark the end of a fall starting an up move to 1.9460 or even 1.9495. Breaking below 1.9290 cancels those expectations.

USD-CHF => Targeting 1.1035 or higher. Support at 1.0985 - 1.0965 should hold all pullbacks.

USD-JPY => Targeting 108.50. Supports are at 107.80 and 108.00. Breaking below 107.60 calls sellers into action.

EUR-JPY => Support at 158.70 and 158.40 should hold all pullbacks allowing yet another rise to 159.20 - 159.70. Falling below 158.10 sets it to bearish mode.

EUR-CHF => Targeting 1.6210 and higher. All corrections will be supported at 1.6150 - 1.6135 area.

AUD-USD => Further dips to 0.9125 or even 0.9070 are expected. Resistance at 0.9225 should hold all upward attempts. Breaking above 0.9250 is in favor of buyers.

USD-CAD => Expecting a recovery at least to 1.0165. Support levels are at 1.0120 and 1.0090.

GBP-JPY => Retails sales news this morning propel the pair higher. However, on the long picture we are still in sideways mode.

Good Forex day!

Forex technical overview

EUR-USD => 1.4740 - 1.4775 should mark the end of a current up move, expecting a pullback to 1.4700 - 1.4685.

GBP-USD => 1.9485 - 1.9490 is a resistance area that can be tested prior to a dip down towards 1.9460. Later we could see another rising to 1.9515 level.

USD-CHF => While 1.0960 - 1.0985 offers resistance we may witness a dip towards 1.0890. Later a pullback up to 1.0985 - 1.1000 should take place.

USD-JPY => Could reach 108.05 with a following sell off to 107.25 level.

EUR-JPY => Targeting 159.20 level. Support at 158.60 - 158.30 should hold all corrections.

EUR-GBP => In an up trend we are looking towards 0.7600 level presuming that support at 0.7540 holds. Later a correction to 0.7545 - 0.7530 area can be seen.

EUR-CHF => Support at 1.6080 - 1.6050 level should hold allowing a rally towards 1.6190 and higher. Breaking below 1.6050 will geopardise this predicted up move.

AUD-USD => While below 0.9215 - 0.9240 we may see another dip to 0.9140 or even 0.9085. S/L is placed slightly above 0.9290.

USD-CAD => Targeting 1.0225 level. Support at 1.0125 - 1.0095 should hold all corrective dips.

GBP-JPY => Remaining bearish while below 210.00. Downtrend targets - 208.70 and later 207.50.

Forex Fundamentals today
Time: EST
4:30am GBP MPC Meeting Minutes
8:30am USD Core CPI m/m => High Impact Expected
8:30am USD Building Permits => Medium Impact Expected
8:30am USD CPI m/m => Medium Impact Expected
8:30am USD Housing Starts => Medium Impact Expected
2:00pm USD FOMC Meeting Minutes => Medium Impact Expected