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  • Squawk / 10 September 2016 at 12:06 GMT
    Senior Analyst / Tallinex.com
    Saint Vincent and the Grenadines
    Weekly Trading Forecasts on Major Pairs (September 12 - 16, 2016)



    EURUSD
    Dominant bias: Bullish
    This pair went upwards last week, testing the resistance line at 1.1300 and then getting corrected downwards. The bullish bias remains valid, though it looks like an unclear thing. Therefore, the pair is expected to trend further higher this week (for EUR would gain more stamina while USD would be weakened further), re-testing the resistance line at 1.1300, breaking it to the upside and heading towards another resistance line at 1.1350. Some EUR pairs have already started journeying upwards.

    USDCHF
    Dominant bias: Neutral
    There is yet no clear outlook on USDCHF, as price simply swung downwards and then upwards last week. There is going to be a directional movement this week, which would most probably be downwards. EURUSD could trend upwards (owing to an expected stamina in EUR), causing USDCHF to pull back.
    Source: www.tallinex.com
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  • Squawk / 30 July 2015 at 11:41 GMT
    -
    United Kingdom
    Dollar Yen,is now at a crucial moment!
    A break above 125 that holds in that area can signify a new move to 135 and eventually 145.
    The Japanese may yet increase their QE so there is also a fundamental reason.
    This move may start after the figures today.
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