News Reviews USD 

USD Daily Review November 20, 2018

USD Daily Review for November 20, 2018 GBP/USD: Cable Continues to Coil as Brexit Suspense Builds The backdrop around Brexit has grown even more opaque and clarity remains distant. Despite this, the British Pound continues to drive deeper into consolidation.   S&P 500 Pattern Warns of Weakness as Dollar Falters SP 500 continues a bearish sequence of patterns implying much lower levels. US Dollar appears to be entering a near term bearish Elliott wave cycle.   EUR/USD Weekly Technical Outlook: Euro Reversal Rips into Resistance Euro has surged more than…

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USD Daily Review November 19, 2018

USD Daily Review for November 19, 2018 Gold Weekly Technical Outlook: Gold Prices Jump as Dollar Breaks Gold prices snapped a two-week losing streak after rebounding from technical support. Here are the targets & invalidation levels that matter on the XAU/USD weekly   US Dollar Aims Higher on European Turmoil, Fed Outlook Rethink The US Dollar may find fresh strength next week as political tumult in Europe buoys haven demand while markets rethink a dovish shift in Fed   Dollar Leans Towards Important Bearish Breaks, Will Liquidity Save It? The…

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USD Daily Review November 16, 2018

USD Daily Review for November 16, 2018 NZDUSD Elliott Wave Analysis: Bullish Impulse Suggests More Upside NZDUSD appears to be carving a bullish impulse wave in Elliott wave terms. This implies continued strength while holding above .6611.   US Dollar Price Action Setups: EUR/USD, USD/CNH, NZD/USD The US Dollar is holding ground despite the growing backdrop for weakness in the currency across a number of pairs. The Euro, meanwhile, has its   GBPUSD Sentiment Data Suggest Outlook is Still Bearish Sentiment data compiled by DailyFX show that retail traders are…

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News Reviews USD 

USD Daily Review November 15, 2018

USD Daily Review for November 15, 2018 EUR/USD Rate Forecast: Weakness to Persist as RSI Extends Bearish Trend EUR/USD attempts to retrace the decline from earlier this week, but recent developments in the Relative Strength Index (RSI) casts a bearish outlook for the   NZD/USD Price Outlook: Kiwi Rally Approaching Breakout Targets A breach above multi-month downtrend resistance has Kiwi testing fresh three-month highs. Here are the targets & invalidation levels that matter on the NZD/USD charts.   GBP/USD in Focus as Brexit Grabs Attention; USD Pullback Continues It’s a…

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USD Daily Review November 14, 2018

USD Daily Review for November 14, 2018 FX Price Action Setups in USD, EUR/USD, NZD/USD and USD/CHF It’s already been a busy week and a number of items remain that can continue to prod volatility. In this webinar, the US Dollar was   GBPUSD Surges as Breakthrough Signals Imminent Brexit Deal GBPUSD Surges as Breakthrough Signals Imminent Brexit Deal   USD/JPY Initiates Lower Highs & Lows Ahead of Fresh Fed Rhetoric USD/JPY initiates a series of lower highs & lows after failing to test the 2018-high (114.55), but fresh comments…

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USD Daily Review November 13, 2018

USD Daily Review for November 13, 2018 GBP/USD: Cable Gaps Down to Start a Big Week for the British Pound The bullish theme from the British Pound has left the currency, and sellers are in-control as a busy calendar meets more twists and turns in   EURUSD Hits 16 Month Lows While SP 500 Pattern Hints to New Lows EURUSD breaks to new 16 months lows after a sharp reversal on November 7. Meanwhile, the late Friday correction in SP 500 has continued forward   GBPUSD Elliott Wave Analysis: Seeking…

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USD Daily Review November 12, 2018

USD Daily Review for November 12, 2018 EUR/USD Weekly Technical Outlook: Euro 11300 Level Matters, a Lot Last week, the Euro attempted to rally but found stiff opposition; this has the increasingly important 11300 level back in focus and it matters in   Dollar Attempting Another Ill-Fated Charge to Make a Bull Trend Stick The Dollar is within easy reach of a more-than-year high in the DXY Index and EURUSD. Do these benchmarks offer a more reliable signal than   Australian Dollar Can Hold Up As Long As Risk Appetite…

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USD Daily Review November 9, 2018

USD Daily Review for November 9, 2018 US Dollar Price Action Setups Around FOMC Today brought the last ‘non live’ meeting from the Federal Reserve ahead of December’s widely-expected rate hike. In this webinar, we look at setups across   USDJPY Elliott Wave Analysis: Trying for Higher Levels The Elliott Wave chart pattern for USDJPY shows the potential for a bearish reversal near current levels in wave ((b)) of a bearish zigzag.   AUD/USD Price Outlook: Aussie Breakout Stalls Ahead of Resistance A breach above multi-month downtrend resistance has Aussie…

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