AUD/USD has seen some weakness but we expect far more to come as China Australia's biggest export market slows up.
Read more: AUD/USD Far More Downside as Commodity Exports Slow
We saw USD/JPY sell off to the downside to test last month's spike low which has held the pullback if we can break above nearby resistance we expect a major correction to the upside.
Speculators have bought EUR/USD heavily on the view that the ECB will cut rates at a slower rate than the Fed we dont and expect the EUR to fall heavily to the downside.
Read more: EUR/USD Outlook Analysis Limited Upside and Major Downside
GBP/USD after a strong up trend is now traveling sideways and we now expect the consolidation to end and a break to the downside to unfold.
USD/CZK could take out a key level tomorrow on the realize of NFP and if it does we would expect significant upside.
One of the best trade setups is a a drop in volatility and looking to trade a breakout from a tight range and this scenario is present in CAD/JPY...
Read more: CAD/JPY Outlook Best Setups Trading Tight Range Breakouts
USD/JPY after rallying to the upside has eased back to support and we view USD/JPY as an attractive risk to reward buy.
Read more: USD/JPY Analysis Outlook – Pullback to Support a Buy?
GBP/USD is in a firm-up trend but we are now technically overbought and the bullish fundamentals are now discounted – we expect a downturn in GBP/USD.
Read more: GBP/USD Outlook a Bullish Extreme Uptrend to Exhaust
EUR/CAD has been in a major uptrend but speculators are now heavily long of the euro and we expect a turn down.
Read more: EUR/CAD Analysis Outlook – Trading Sentiment Extremes
The EUR Has seen a big move to the upside and we are now expecting the rally to end and a trend reversal to the downside to be confirmed. A roundup of the fundamentals technicals and sentiment below.
In our last article, we expected the DXY to rally but it sold off hard to the downside, we are deeply oversold and the risk to reward on USD longs is excellent in our view. We are looking for the bearish sentiment to peak today and the main event of the day is Fed Chair Powells speech at Jackson Hole...
Read more: DXY Analysis and Outlook Fed Chair Powell Jackson Hole Speech