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Explore the Weekly Forex Forecast for GBP/USD, USD/JPY, and other major pairs. Gain insights into market trends, technical levels, and trading opportunities.

The FP Markets Week-Ahead release highlights key macro drivers to be aware of for the upcoming trading week.

USD/CAD Today: fluctuates amid economic data; trading near 1.35630 with eyes on US CPI, BoC policy. Key levels: resistance at 1.35755, support at 1.35580.

Service PMIs are in focus for the EUR, GBP, and USD, with the ECB, the Fed, and the PBoC also under the spotlight in the week ahead.

It is safe to say it has been an energetic start to the year, underscoring meaningful shifts in the economic landscape and rate expectations.

And there we have it. This week will see January in the books, and what a week it promises to be.

Price was trading within a descending channel and appears to be attempting to complete a rising wedge formation. If price breaks, there is a

The Canadian Dollar opened 2024 with a decline against the US Dollar, the Forex pair USD/CAD rose from 1.3180 in late December 2023 to its current average price of 1.3380 and has been trading near this level for a few days. The pair held steady throughout the US CPI data release as well as the recent upside move in oil prices.

Anticipate heightened market volatility in the upcoming week, driven by significant data releases.

The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week.