Weekly Forex Forecast – Weekly Forex Trading Analyses

Explore this week's key market trends: gold rallies, bitcoin falters, forex pairs stay choppy. Catch the big moves and levels to watch.

Despite the slight hawkish tilt from the Federal Reserve, stronger than expected US economic data and the 0.25% rate cut were enough to push major US stock market indices firmly higher to new all-time highs, followed by the precious metals Gold and Silver.

The EUR/USD finished this week of trading near the 1.17500 level, but certainly there is much more to the value of the currency pair that needs to be examined as this week gets ready to begin.

WTI Crude went into the weekend around 62.100 USD, this after producing momentum upwards on Tuesday and going above 64.400 but then reversing slightly lower, followed by dynamic selling Thursday and Friday.

Catch up on the latest weekly trends in forex, crypto, and indices. Key levels to watch and what could move markets next.

The GBP/USD went into the weekend near the 1.35575 as financial institutions have braced for what will prove to be a significant handful of days ahead for the currency pair and the broad Forex market.

Weaker than expected US PPI data sent the major US stock market indices and the precious metals Gold and Silver to new record highs.

WTI Crude Oil has gone into the weekend near the 62.150, and this feels like a rather solid accomplishment considering the loud highlights which took place over the past handful of days.

Explore this week’s forex forecast: GBP/USD at 1.36, Bitcoin eyes $120K, Fed decision looms. Key levels, sentiment & setups to watch.

Weaker than expected US jobs data sent the major US stock market index the S&P 500 and the precious metal Gold higher to trade at new record highs.

The EUR/USD went into the weekend near the 1.17155 ratio, this after touching lows around the 1.16075 value on Wednesday.

WTI Crude Oil futures pricing fell below 62.000 USD on Friday, and when the commodity opens for trading on Monday large players will have to decide if now is the time to look for reversals higher.

USD/CHF may test 0.79 as Swiss franc gains strength. Sellers dominate on rallies.

Stronger than expected US Advance GDP data sent some equity indices briefly higher, but it was a quite and indecisive week in most markets, as we still await the start of September and the return of normal liquidty.

The GBP/USD went into this weekend near the 1.35047 mark, which is below where the currency pair found itself the prior weekend, and tomorrow’s price action will see lighter volume due to the U.S holiday weekend.