Forex daily trend forecast

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Fundamental Analysis Technical Analysis. Central Banks Fed ECB BoJ BoE SNB BoC RBA RBNZ. Forex Trend Turning into Profit Daily Consolidations. The forex markets are turning into profit taking consolidation mode as the half year end approaches.

News from Eurozone are generally positive forecast the common currency pares back some of this week's sharp gain against Dollar and Yen. One the other hand, Canadian Daily is still working hard to break through 1.

The Loonie is set to end June as the strongest one, followed by Aussie and than Kiwi. While Sterling surges this week on hawkish BoE turn, it's yet to recover the post UK election lost and would end trend the third weakest one for the month, following Dollar and then Yen.

Weekly Economic and Financial Commentary. Hawkish Central Bank Rhetoric Rattles Markets. Week Ahead Dollar Weaker After Hawkish Comments From Central Forex. Q2 Business Outlook Survey Confirms Trend Canadian Economy.

Canadian Dollar Higher After Steady Growth And Central Bank Survey. Forecast On Course for Worst Quarter in 7 Years; Loonie at Month High. Spot Gold Stay in Red on Friday. EURAUD Trading In A Corrective Wave Four. Stocks Rebound after Big Sell-off. USDCAD Forecast, Weakens Further. GOLD Sideways, SILVER Bullish Bounce Fades, CRUDE OIL Continued Bullish Daily. WTI OIL — further upside favored. GBPUSD Volatility Increase after BOE Announcement. China Forex Remained Low on Historical Level; Trade Improved, FX Reserve Increased as Government Found Forecast Way to Support Renminbi.

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How understanding the Daily Trend will help your trading with FX Coach Andrew Mitchem