AUD Forecast: Australian Dollar Vulnerable as Complacency Builds

The Australian Dollar has kept a bid alongside the slow-and-steady decline in volatility. Bulls may continue steering AUD price action higher, but the Aussie lies at risk of a bearish shift in mark…
Source: News FX

Nasdaq 100 Index Falls on Consumer Sentiment Report

The University of Michigan's Consumer Sentiment report printed 72.8 on Friday morning, sending the Nasdaq 100 index lower as consumer expectations remain downbeat in the current economic landscape …
Source: News FX

Nasdaq 100 Index Falls on Consumer Sentiment Report

The University of Michigan's Consumer Sentiment report printed 72.8 on Friday morning, sending the Nasdaq 100 index lower as consumer expectations remain downbeat in the current economic landscape …
Source: News FX

GBP/USD, USDJPY & More – USD Charts For Next Week

The US Dollar continues to work on a sideways move in general that could lead to more weakness; USD/JPY bucking that trend while GBP/USD highlights it.
Source: News FX

Australian Dollar Forecast: AUD/USD, AUD/NZD Levels to Watch

AUD/USD stalling, AUD/NZD makes key topside break on diverging monetary policy.
Source: News FX

Euro Dollar Forecast: EUR/USD Price Action Awaits US Retail Figures

EUR/USD Tests Key Resistance Level Amid Retail Sales Data
Source: News FX

British Pound Latest – Lockdown Measures Unwound, Brexit Common Ground, GBP/USD Bolstered

The UK government announced Thursday that lockdown measures will be unwound further this weekend in the next step to fully re-opening the economy.
Source: News FX

USD/JPY Rate May Fall on Disappointing US Retail Sales Data

The USD/JPY exchange rate at risk of a near-term pull back should US retail sales for July disappoint market participants.
Source: News FX

USDCAD analysis for 14.08.2020

Manufacturing Shipments will be released in Canada and the US will publish Capacity Utilization and Industrial Production.
The pair is finding support at 1.31950 with resistance at 1.32380 which both lines are below the weekly pivot point at 1.33570. The EMA of 10 is moving with bearish bias in the descendant channel and it is located below the EMA of 100 and the EMA of 200. The RSI is moving in oversold area, the MACD line is below the signal line in the negative territory and the Stochastic is moving in middle ranges. The ADX is showing sell signal. The price is below the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a downward trend.
Considering the bearish pressure, sellers can target 1.31650.

usdcad
Source: fxglory

USDJPY analysis for 14.08.2020

There are no major economic reports in Japan so USDJPY will be under the influence of the US news.
The support rests at 106.640 with resistance at 107.160 which both lines are above the weekly pivot point at 105.900. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and above the EMA of 100. The RSI is falling towards level 50, the Stochastic is showing downward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The support line seems too strong to be broken, while considering pullbacks on the way, buyers can target 107.200.

usdjpy
Source: fxglory