🌐 Market Outlook#forex#outlook#weekly#usd
W
Wolf Alpha
Trader ·
Weekly Forex Outlook: USD Direction and Key Pair Setups
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The dollar faces a pivotal week with multiple high-impact data prints that could determine the Q3 trend direction.
**Currency views:**
**USD:** Neutral/bullish unless retail sales miss badly. DXY holding 104.00 support is critical.
**EUR:** Bearish bias — ECB on track for June cut. 1.0780–1.0800 key support. Break = 1.0720.
**GBP:** Neutral — BoE more hawkish than ECB. GBP/USD supported above 1.2550. Break above 1.2700 = bullish.
**JPY:** Upside risk from BoJ hawkish pivot. Watch USD/JPY 155.00 for intervention.
**AUD:** Commodity-linked; China data midweek will be key. AUD/USD range-bound 0.6480–0.6600.
What's your highest-conviction forex trade this week?