Major Markets and Summer Doldrums

Forex Daily Analysis 12th July 2018


  • EURUSD still in a holding pattern and waiting for break
  • GBPUSD taking its time as it attempts to bottom out
  • USDJPY doesn't have a tremendous amount of upside potential
  • GOLD and that next recovery that should be around the corner

The major markets haven't been particular about wanting to make any major breaks but should do so soon.

Currency Pairs

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Position Updates and EURUSD

Here's the latest on the current positions and a big picture outlook for EURU...

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