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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A Stubborn One

All signs are pointing to a lower USDJPY rate, despite the major pair's reluc...


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Great Expectations

We've seen some more follow through as the Pound does a great job making it's...