News Reviews USD 

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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GBP News Reviews 

GBP Daily Review November 16, 2018

GBP Daily Review for November 16, 2018 Further GBP Price Drop Likely as Brexit Deal Faces Strong Opposition After a highly volatile session Wednesday, the GBPUSD price is dropping further below 1.30 and more losses could be in store as UK PM Theresa   EUR/GBP leaps to fresh tops near 0.8850 as Pound collapses The ongoing and sharp sell off hitting the Sterling is lifting EUR/GBP to fresh multi-day tops in the mid-0.8800s. EUR/GBP in 2 week tops The Europe   GBP/JPY plunges 300-pips to 145.00 on renewed Brexit jitters…

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EUR News Reviews 

EUR Daily Review November 16, 2018

EUR Daily Review for November 16, 2018 EURUSD Selling Likely Amid Fed Balance Sheet Unwind EURUSD Selling Likely Amid Fed Balance Sheet Unwind   Eurosceptic Rees-Mogg to submit a letter of no-confidence in PM May – Telegraph Reporter According to Steven Swinford, a Telegraph reporter, Rees-Mogg – the leader of the European Research Group (ERG) hard Brexiteers, just threatened to su   EUR/GBP leaps to fresh tops near 0.8850 as Pound collapses The ongoing and sharp sell off hitting the Sterling is lifting EUR/GBP to fresh multi-day tops in the…

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JPY News Reviews 

JPY Daily Review November 16, 2018

JPY Daily Review for November 16, 2018 USD/JPY: attempting a recovery rally from below 200-HMA on uptick in Asian stocks The USD/JPY is showing signs of life, having hit a low of 113.30 in the overnight trade. The currency pair fell below the 200-HMA eight hours ago, po   Yen, US Dollar May Rise as Brexit Turmoil Sours Market Mood The anti-risk Yen and US Dollar may rise while the British Pound drops as UK Prime Minister May receives a cool reception for her Brexit   GBP/JPY plunges 300-pips to…

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AUD News Reviews 

AUD Daily Review November 15, 2018

AUD Daily Review for November 15, 2018 AUD/USD: Bulls take charge on 0.72 ahead of Aussie jobs – (Remember last time?…Well here we go again) AUD/USD is faring well considering that the markets are volatile with the VIX climbing as high as to 22.32 and the DJIA falling off a cliff yet again.   GBP Prices Jawboned by Brexit News, AUD/USD May Look Past Jobs Data The British Pound was jawboned by latest Brexit headlines, crude oil prices paused a 1984+ record losing streak on OPEC news. AUD/USD may look…

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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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GBP News Reviews 

GBP Daily Review November 15, 2018

GBP Daily Review for November 15, 2018 Pound, Euro May Overlook UK CPI and EZ GDP with Politics in Focus The British Pound and the Euro may overlook UK CPI and Eurozone GDP data with a fragile Brexit deal as well as political turmoil in   Breaking News: GBP/USD surges from lows on hopes DUP will support Brexit Ahead of the UK cabinet meeting to approve the Brexit draft deal, there is a growing chorus of voices opposing the agreement. Members of the Northern   GBP/USD in Focus as Brexit…

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EUR News Reviews 

EUR Daily Review November 15, 2018

EUR Daily Review for November 15, 2018 EURUSD Analysis: Negative German Growth, Italy Sticks to its Budget Plan EURUSD weakness is likely to continue after the latest German GDP report shows the Euro-Zones largest economy contracting, while Italy sticks stubbornly to its original   Pound, Euro May Overlook UK CPI and EZ GDP with Politics in Focus The British Pound and the Euro may overlook UK CPI and Eurozone GDP data with a fragile Brexit deal as well as political turmoil in   When is the US CPI and how…

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JPY News Reviews 

JPY Daily Review November 15, 2018

JPY Daily Review for November 15, 2018 AUD/JPY: Scope to push above 83 levels – Westpac Sean Callow, Research Analyst at Westpac, points out that the AUD/JPY cross ratcheted lower in early September, but the pair has recovered well in rec   AUD/JPY Weekly Technical Outlook: Price Testing Trend Resistance Price has rallied nearly 5% off the October lows with a critical resistance confluence seen just higher. Here are the levels that matter on the   USD/JPY tumbles to 1-week lows near 113.30 The USD/JPY pair moved most of ht…

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AUD News Reviews 

AUD Daily Review November 14, 2018

AUD Daily Review for November 14, 2018 AUD/USD backed by optimistic headlines about the US and China meeting – Westpac Analysts at Westpac noted that AUD/USD had bounced. Key Quotes: “AUD/USD had bounced about 40 pips to 0.7210 in Sydney trade, backed by optimistic h   AUD/USD is on the defensive as China retail sales indicate softening domestic demand The Aussie dollar, a proxy for China, is feeling the pull of gravity after China reported a sharp slowdown in the retail sales in October. The data c   AUD/JPY: Scope…

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