Weekly Technical Forecast: Are Reversals for Equities and the Dollar-based Majors the Start of Lasting Trends?

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Australian Dollar Forecast: AUD/USD, AUD/JPY 2018 Downtrend Under Fire. EUR/AUD Price at Risk

AUD/USD and AUD/JPY prices may have made upside progress, but they are still confined by trend-defining resistance lines. Meanwhile EUR/AUD could be in for more losses ahead.

British Pound Forecast: GBPUSD has Mildly Supportive Charts

GBPUSD turned three cents higher at the back end of the week and is now looking for support if it is to make a move back to multi-month highs above 1.3320.

US Dollar Forecast: Dollar’s Breakout Effort Falls Apart and Elections Volatility is Underpriced

An attempt by the DXY Index to break near-term resistance to move onto 16 month highs never had the blessing of EURUSD and fell apart soon after execution. Ahead, uncertainty on direction and volatility hits news highs.

Equity Forecast: Technical Forecast for Dow, SP 500, FTSE 100, DAX and Nikkei

Global equity markets put in some recovery this week. But the Friday pullback showed that markets aren’t yet out of the woods, and a big week of drivers will keep equity markets

Article source: https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2018/11/02/Weekly-Technical-Forecast-Are-Reversals-for-Equities-and-the-Dollar-based-Majors-the-Start-of-Lasting-Tre.html