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FX Forecast: Don't miss out on the USD/SEK trade, EUR/USD and EUR/GBP see upside potential

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In today’s Forex Forecast, we highlight the trading potential in USD/SEK, and the outlook for EUR/USD, EUR/GBP, GBP/AUS, USD/JPY and GBP/USD, with Steven Woodcock, Senior FX Analyst at Plutus FX. EUR/USD: Upside EUR/USD is trading nicely, plotting higher lows on the charts, but remains in a consolidatory phase right now, notes Woodcock. Although the longer-term view remains bearish, the cross is expected to head higher at the moment. EUR/GBP: Looking for additional strength Woodcock believes

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