JPY News Reviews 

JPY Daily Review June 21, 2018

JPY Daily Review for June 21, 2018 USD/JPY knocks into 110.50 as market stretches recovery into Thursday The USD/JPY has continued to recover in Thursday’s Asia trading, lifting into 110.50 as market sentiment continues to favor the Greenback and risk flo   GBP/JPY challenging 145.50 as market sentiment tests the water The GBP/JPY is trading into 145.50 in Thursday’s Asia session ahead of an upcoming Bank of England (BoE) showing for another rate call. The Sterling   USD/JPY Forecast: Failure to Test May-High to Fuel Larger Pullback USD/JPY may continue…

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AUD News Reviews 

AUD Daily Review June 21, 2018

AUD Daily Review for June 21, 2018 AUD/USD swings higher to 0.7380 on Aussie tax cuts hopes The AUD/USD pair staged a sharp V-shaped reversal last hour, bouncing-off two-day lows of 0.7356 in a bid to take-out the 0.7398/40 resistances amid r   AUD/USD shuffling its feet after failing to recover above the 0.74 handle The AUD/USD is trading quietly near Wednesday’s close, cycling near 0.7370 ahead of a quiet Wednesday. Market sentiment saw a mild recovery yesterday   Saudi Arabia: Deal can be done this week to boost oil…

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News Reviews USD 

USD Daily Review June 21, 2018

USD Daily Review for June 21, 2018 XAU/USD Technical Outlook: Gold Prices Search for Support Gold plummeted through the June opening range last week, taking prices to fresh 2018 lows. These are the updated targets & invalidation levels that matter   Wait-and-See Bank of England (BoE) to Sap GBP/USD Rebound More of the same from the Bank of England (BoE) may drag on GBP/USD as market participants scale back bets for an imminent rate-hike.   GBPUSD Price Might Dip Lower Based on Sentiment The combination of current sentiment and recent…

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GBP News Reviews 

GBP Daily Review June 21, 2018

GBP Daily Review for June 21, 2018 GBP/AUD Posts Key-reversal at Resistance, Watch for Channel Break GBP/AUD posted a nasty key-reversal yesterday at a notable spot of resistance, shifts focus lower, especially if shorter-term bullish structure undermined.   GBPUSD Forecast: Sterling Sell-Off Nears Critical Support GBPUSD continues to trade lower and now nears important technical support levels which if broken could see the pair trading at near one-year lows.   GBP/USD in 2018 lows near 1.3150 ahead of key vote The British Pound remains under pressure on Wednesday and is…

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EUR News Reviews 

EUR Daily Review June 21, 2018

EUR Daily Review for June 21, 2018 EUR/USD flirting with lows near 1.1570, eyes on Sintra EUR/USD continues to navigate in the lower bound of the recent range near the 1.1570 region against the backdrop of a stronger greenback, US-China tra   EUR/USD Technical Analysis: technical bounce from Tuesday bottom failing to capture 1.16 EUR/USD Chart, 1-Hour Spot rate: 1.1575 Relative change: -0.10% High: 1.1595 Low: 1.1567 Trend: Bearish Support 1: 1.1530 (Tuesday low; techni   Europe will hit US products with tariffs starting Friday European Union tariffs on products…

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JPY News Reviews 

JPY Daily Review June 20, 2018

JPY Daily Review for June 20, 2018 Japanese Technical Analysis: USD/JPY Could Be Set To Bounce The Japanese Yen has scored a strong haven bid thanks to swirling trade tensions . However USD/JPY remains in its broad uptrend, even if AUD/JPY   USD/JPY bid, but below 200-day MA, Chinese stocks report losses The stock markets in Asia regained poise, pushing the USD/JPY above 110.00, but a break above the 200-day moving average (MA) of 110.22 remains elusiv   AUD/JPY Technical Analysis: Corrective rally stalled at 50-hour MA Hourly chart Daily…

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AUD News Reviews 

AUD Daily Review June 20, 2018

AUD Daily Review for June 20, 2018 Forex Today: Aussie rebounds amid risk-recovery, ECB Sintra Forum – Key Improved risk appetite offered a sigh of relief across the fx board in Asia this Wednesday, as markets shrugged-off the renewed tensions over the US-S   AUD/JPY Technical Analysis: Corrective rally stalled at 50-hour MA Hourly chart Daily chart Spot Rate: 81.40 Daily High: 81.59 Daily Low: 80.99 Trend: Bearish Resistance R1: 81.57 (50-hour MA) R2: 81.94 (5   AUD/USD holds below 0.74, put bias strongest in 4 months The corrective rally…

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News Reviews USD 

USD Daily Review June 20, 2018

USD Daily Review for June 20, 2018 EUR/USD Forecast: Rebound at Risk on More Dovish ECB Rhetoric EUR/USD is back under pressure as the ECB strikes a dovish tone, with the pair at risk for further losses as the Governing Council is   US Dollar Price Action Setups After USD Sets Fresh 11-Month High The US Dollar is pulling back after setting a fresh 11-month high earlier this morning, and interestingly the primary driver for this move wasn’t the   Weekly Technical Perspective on the Canadian Dollar (USD/CAD) USD/CAD has…

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GBP News Reviews 

GBP Daily Review June 20, 2018

GBP Daily Review for June 20, 2018 GBPUSD at Risk from Brexit Vote and Bank of England GBPUSD could extend its losses as UK Prime Minister Theresa May suffers another Brexit defeat and the Bank of England prepares to keep interest rates   GBP futures: deeper retracements likely According to preliminary figures for GBP futures markets from CME Group, investors added more than 2.6K contracts to their open interest positions on   GBP/USD looks to end day below 1.32 for first time in 2018 as Brexit fears weigh The GBP/USD…

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EUR News Reviews 

EUR Daily Review June 20, 2018

EUR Daily Review for June 20, 2018 EUR/USD eases from tops, back around 1.1620 After recording fresh daily highs in the 1.1640/50 band, EUR/USD has now given away some gains and returned to the 1.1630/20 band ahead of the opening   EUR/USD Technical Analysis: Tuesday currently eking out limited gains despite trade war concerns EUR/USD Chart, 1-Hour Spot rate: 1.1632 Relative change: 0.08% High: 1.1644 Low: 1.1619 Trend: Bearish Support 1: 1.1587 (current week open)   EURUSD Forecast – The Path of Least Resistance Remains Lower EURUSD remains likely to…

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