News 

ForexLive Asia FX news: USD up a little during the session

“The USD gained pretty much across the board, and so we have slightly weaker EUR, CHF, GBP, NZD, yen, CAD gold against the big dollar” reports forexlive.com. There was very little fresh news nor data (there was some, I’ll get to it) and forex seemed responsive to the debt moves.The Australian dollar didn’t do much upon the release but lost ground against the USD as it gained.Yields on US government debt continued edging higher here in Asia today, with the 2 year note to its highest yield since September of…

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JPY News Reviews 

JPY Daily Review February 20, 2018

JPY Daily Review for February 20, 2018 Japanese Yen Slips, Strong Exports Suggest Healthy World Demand The Japanese Yen was lower against the US Dollar following the release of robust trade numbers which offered hope for the global economy.   GBP JPY Price Action Building a Base The recent GBPJPY sell-off has found a temporary base and may push back higher, but in a week of limited data points, Brexit commentary will   Elliott Wave Forecast for Gold, Silver, and Yen Paint Bullish USD Picture Gold prices continue to press…

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News Reviews USD 

USD Daily Review February 19, 2018

USD Daily Review for February 19, 2018 EUR/USD Weekly Technical Forecast: Euro Finds Strong Opposition, Again The euro once again experienced selling at the 2008 trend-line, further solidifying its importance; outlook turns negative heading into the new week.   Crude Oil Price Sees Weekly Gain on OPEC Persistence, Weak US Dollar After a rough start to the beginning of February, Crude Oil remains bid and is bouncing off a handful of technical support points that could   Australian Dollar Vulnerable to Risk Trends and External Factors The Australian Dollar appreciated…

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GBP News Reviews 

GBP Daily Review February 19, 2018

GBP Daily Review for February 19, 2018 GBP: A Self-Imposed Spell On The Sidelines The recent insipid trade in Sterling against the EUR and, to a lesser extent, the USD leaves us neutral on the UK currency ahead of   EUR/USD and GBP/USD Forecast February 19, 2018 The EUR/USD pair has fallen rather precipitously during the trading session on Friday, breaking through the 1.25 level as it was suggested by the ECB that in…   Have a nice trading! Share This:

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EUR News Reviews 

EUR Daily Review February 19, 2018

EUR Daily Review for February 19, 2018 EUR/USD Weekly Technical Forecast: Euro Finds Strong Opposition, Again The euro once again experienced selling at the 2008 trend-line, further solidifying its importance; outlook turns negative heading into the new week.   EUR/JPY: Lower-Highs as Prices Post Deeper Tests of LT Support EUR/JPY continues to hold in a zone of support that’s been relevant since last September. But bulls appear to be getting a bit more bashful   Berlin To Host BlockShow Europe 2018 In May Berlin will host BlockShow Europe 2018 on…

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JPY News Reviews 

JPY Daily Review February 19, 2018

JPY Daily Review for February 19, 2018 USDJPY Elliott Wave Analysis: Break to 15 Month Lows May Prove Temporary The Elliott Wave pattern for USDJPY favors a complex wave that began in December 2016 and is nearing completion. We are observing targets near 105   Asia AM Digest: Anti-Risk Yen Gains Despite Stock Market Strength The anti-risk Japanese Yen was one of the best performing majors on Thursday. However, gains were not associated with a broad stock market selloff. What   EUR/JPY: Lower-Highs as Prices Post Deeper Tests of LT…

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AUD News Reviews 

AUD Daily Review February 18, 2018

AUD Daily Review for February 18, 2018 AUD/USD Technical Analysis: Aussie Taking Aim at 0.80 Figure The Australian Dollar continues to make headway against its US counterpart, with prices now poised to challenge resistance at the 0.80 figure.   Weekly Technical Perspective on DXY, USD/JPY, AUD/NZD and U.S. Bonds A broader technical picture offers perspective on price with respect to trend. Here are the updated targets & invalidation levels that matter on the weekly   USD/JPY and AUD/USD Forecast February 19, 2018 The US dollar rallied a bit during the…

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News Reviews USD 

USD Daily Review February 16, 2018

USD Daily Review for February 16, 2018 XRP/USD: Ripple Prices Double-Up as February Losses Evaporate Ripple prices have rallied over 100% off the February lows as the cryptocurrency recovery grinds higher. Here are the updated targets & invalidation levels that   Bearish AUD/USD Off of Confluent Resistance Zone The Australian Dollar has caught a reprieve with the re-emergence of USD-weakness over the past couple of days. But with sellers starting to show below   DailyFX US AM Digest: Rising Political Risk Keeps US Dollar Down, US Yields Up The US…

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GBP News Reviews 

GBP Daily Review February 16, 2018

GBP Daily Review for February 16, 2018 Stronger Case Made for the Pound to Rally The combination of current sentiment and recent changes gives us a stronger GBPUSD-bullish contrarian trading bias.   EUR/USD and GBP/USD Forecast February 16, 2018 The EUR/USD pair rally during the trading session on Thursday, breaking above the 1.25 level. This is an area that has a lot of resistance built in though, s…   Have a nice trading! Share This:

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EUR News Reviews 

EUR Daily Review February 16, 2018

EUR Daily Review for February 16, 2018 European Shares Set To Join Global Rally European stocks may open higher on Thursday, tracking firm cues from Wall Street and Asia as investors took in their stride signs of inflation pickup in the U.S.   European Economics Preview: Eurozone Foreign Trade Data Due Foreign trade data from euro area is due on Thursday, headlining a light day for the European economic news..   Long-Term Risks for Euro from German Political Turmoil While Euro traders have been focusing on the eventual ending of…

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