Weekly Technical Forecast: Equities Suffer Key Technical Breaks, Dollar Uncertain of Its Role, Volatility Rising

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Australian Dollar Forecast: AUD/USD Price Sets Up for a Rise, GBP/AUD Risks Extending Reversal

In the final moments of last week, AUD/USD set itself up for a reversal following a hammer on the weekly chart, meanwhile GBP/AUD prices are at risk to deepening losses.

British Pound Forecast: GBPUSD Short-Term Chart Looks Oversold

GBPUSD is attempting to bounce off its seven-week low and the short-term chart is deep in oversold territory, but longer-term Sterling still looks weak

US Dollar Forecast: Dollar Advancing to 16-Month Highs Depends on Its Preferred Correlation

The DXY Dollar Index has distorted the path of a bearish reversal pattern. However, decision between a continued climb to 16-month highs or retreat to range depends on whether it takes cues from VIX or Fed Funds futures

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

It was another rough week for global equities and stocks haven’t yet shaken off the Q4 bearish themes. With a big batch of data on next week’s calendar, might we be

Article source: https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2018/10/26/Weekly-Technical-Forecast-Equities-Suffer-Key-Technical-Breaks-Dollar-Uncertain-of-Its-Role-Volatility-.html