News Reviews USD 

USD Daily Review February 7, 2018

USD Daily Review for February 7, 2018 EUR/USD, GBP/USD Pull Backs in Question After USD Breakout Falters Equities have stepped back from the ledge. For now. In this webinar, we look elsewhere, around the US Dollar in the goal of finding actionable   Shift in Sentiment Suggests USDJPY Trend May Continue The current USDJPY price trend may soon reverse higher despite the fact traders remain net-long.   EUR/USD Down but Not Out as Prices Approach Bullish Trend Support Euro is approaching up-trend support and its make-or-break here for the near-term…

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USD Daily Review February 6, 2018

USD Daily Review for February 6, 2018 Weekly Technical Perspective on AUD/USD, USD/CAD, AUD/NZD and Bitcoin A broader technical picture offers perspective on price with respect to trend. Here are the updated targets & invalidation levels that matter on the weekly   GBP/USD Back to 1.4000 as Super Thursday Looms Large This Thursday brings the first Super Thursday since the BoE’s rate hike, which was the first in a decade. But, with inflation remaining brisk, will   USD/CHF Runs into Fibonacci Resistance After Test of Two-Year Support While much of…

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USD Daily Review February 5, 2018

USD Daily Review for February 5, 2018 Is the U.S. waging a ‘cold war’ to weaken the dollar? Some experts say the American government is intentionally weakening the dollar to help its economy.   EUR/USD Weekly Technical Outlook: Euro Fending Off USD Buyers (For Now) The euro is up against a long-term trend-line, but despite sellers coming in to other currencies, it has been spared so far; that may change   Wait-and-See RBA Policy to Fuel Bearish AUD/USD Sequence The Reserve Bank of Australia (RBA) rate decision may fuel the…

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USD Daily Review February 2, 2018

USD Daily Review for February 2, 2018 NFP Price Action Setups Around the U.S. Dollar Tomorrow brings Non-Farm Payrolls (NFP) with the expectation for 180k jobs to have been added to American payrolls in the month of January.   USD/CAD Opens February at Support- Rallies to Be Sold Price has fallen to four-month lows and while a near-term reprieve may be in the cards, the broader risk remains lower. Here are the updated   AUD/USD Rally Unravels Ahead of Reserve Bank of Australia (RBA) Meeting The near-term rally in AUD/USD…

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USD Daily Review February 1, 2018

USD Daily Review for February 1, 2018 Chinese RMB Strengthening To 6.10 Against U.S. Dollar By Year End, SEB Forecasts Analysts at leading Nordic corporate bank SEB have revised their forecast on the exchange rate of the Chinese Yuan (CNY) against the U.S dollar to 6.10 by the end of this year – from an earlier target of 6.30. By the end of 2019 they predict the Greenback will trade at CNY5.80.   US Dollar Inches Higher on Back of January FOMC Policy Statement The first FOMC meeting of 2018…

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USD Daily Review January 31, 2018

USD Daily Review for January 31, 2018 Euro, USD Price Action Setups Ahead of FOMC, NFP The first FOMC rate decision for 2018 is on the calendar for tomorrow, although this may end up being a relative non-event. But the week   Euro Rally Continues, EUR/USD Bid as Euro-Zone Q4 GDP Outpaces U.S. Euro bulls have returned this morning surrounding the release of Q4 GDP, helping to propel EUR/USD back towards 1.2500. But – with a heavy slate   Euro, USD Price Action Setups Ahead of FOMC, NFP Welcome to…

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USD Daily Review January 30, 2018

USD Daily Review for January 30, 2018 Elliott Wave Webinar: Bitcoin Bounce and EUR/USD Near Trend Line Bitcoin price bounce takes the shape of an Elliott Wave correction, which suggests a retest of recent lows. EUR/USD nears the 10-year trend line as   Weekly Technical Perspective on DXY, USD/JPY and NZD/USD A broader technical picture offers perspective on price with respect to trend. Here are the updated targets & invalidation levels that matter on the weekly   Upbeat 4Q Euro-Zone GDP Report to Curb EUR/USD Weakness Fresh developments coming out…

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USD Daily Review January 29, 2018

USD Daily Review for January 29, 2018 EUR/USD Technical Analysis: Warning Signs Emerge Near 3-Year High The Euro soared to the highest level in over three years against the US Dollar but negative RSI divergence warns of ebbing upside momentum once   Weekly Trading Forecast: Can FOMC, Jobs Data Lift the US Dollar? The US Dollar has fallen for seven weeks straight, its worst showing in over a decade. Can the Fed rate decision and US jobs data   Gold Prices Fly as USD Slides- FOMC, NFP to Drive February…

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