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  • Squawk / Yesterday at 8:30 GMT
    Senior Analyst /
    Saint Vincent and the Grenadines
    Weekly Trading Forecasts on Major Pairs (July 6 - 10, 2015)

    Dominant bias: Bearish
    Current events in the Eurozone will continue to shape the movement of EURUSD and other EUR pairs this week. Last week, price opened with a gap-down of about 200 pips before an upward bounce of over 300 pips occurred on Monday. On Tuesday, price began to go south and tested the support line at 1.1050 on Wednesday. After that, price consolidated till the end of the week. This week, EURUSD and other EUR pairs could open with gaps, and of course, the gaps would be followed by strong movements in case they occur. The outlook on EURUS D is bearish: unless the resistance line at 1.1250 is overcome, further southward movement is expected.

    Dominant bias: Bullish
    This currency trading instrument traded downwards on Monday, reaching the support level at 0.9250. Form that level, price went north by 250 pips, testing the resistance level at 0.9500.

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  • Squawk / Yesterday at 7:33 GMT
    United Kingdom
    W28 #FX weekly technical sentiment:
    #AUDJPY ▼
    #CADCHF ▼
    #CADJPY ▼
    #EURCAD ▲
    #EURUSD ▲
    #USDCHF ▼
    #AUDCHF ▼
    #EURAUD ▲
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  • Calendar event / Friday at 9:00 GMT

    EU Retail trade

    Med Retail Sales Monthly
    Med Retail Sales Yearly
  • 1d
    Mads Koefoed Mads Koefoed
    Spanish services PMI declined to 56.1 in June vs. 58.4 expected and prior. The composite PMI declined to 55.8 vs. 57.8 expected and 58.3 prior.
    Q2 GDP growth...
    Mads Koefoed Mads Koefoed
    Italian services PMI rose more than expected last month at 53.4 vs. 52.3 expected and 52.5 prior. The composite PMI climbed 0.3 points to 54 vs. 53.3...
    dominom dominom
    Thank you very much for the additional info, much appreciated.
  • Article / Friday at 2:51 GMT

    Odds for US September rate hike starting to widen

    Managing Director / Technical Research Limited
    New Zealand
    Odds for US September rate hike starting to widen
    The failure of US earnings to pick up is a “conundrum” for the the Fed because wage pressures should grow as the economy approaches full employment - but they are not. On the other hand, there's inflation and market pricing suggests things are on the right track there.
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    M & MHG M & MHG
    Excellent analysis
    Max McKegg Max McKegg
    Thanks. Appreciated.