Monthly Archives: May 2018

Weekly Forex Forecast (May 14 – 18, 2018)

We looked at the EURUSD a couple of times last week. The first was on Monday when the pair was breaking below the 1.1930 handle, and the second was on Friday during the two-day rebound.

That rebound, by the way, started from 1.1830, which was one of the levels I mentioned last Sunday.


USD/JPY double top?

The currency pair dropped in the last two trading session even if the Nikkei stock index has increased further. USD/JPY is trading in the red only because the USDX has plunged after the impressive upside movement.

USDX is trading right above the 92.50 psychological level as the rate has managed t…