JPY News Reviews 

JPY Daily Review June 17, 2018

JPY Daily Review for June 17, 2018 Asian Shares Mixed on Tariff Fears, USD/JPY Rise at Risk Post BoJ Asian shares were mixed as trade war fears rose when the US was reported moving ahead with $50 billion in Chinese tariffs. USD/JPY faces stubborn   USD/JPY hits session high as BOJ cut assessment on inflation, kept rates unchanged The USD/JPY clocked a session high of 110.80 after the Bank of Japan (BOJ) cut assessment on inflation, signaling that policymakers will be in no hurr   GBP/JPY Technical Analysis: Cautiosuly bullish,…

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AUD News Reviews 

AUD Daily Review June 17, 2018

AUD Daily Review for June 17, 2018 AUD/USD Technical Analysis: Eyeing May Low as Down Trend Resumes The Australian Dollar is vulnerable to deeper losses against its US counterpart after breaking counter-trend support guiding the upswing early May.   AUD/USD hit one-month low after bear flag breakdown The AUD/USD pair hit a one-month low of 0.7453 in Asia and looks set to extend losses further. The spot closed at 0.7479 yesterday, confirming a bear   AUD/EUR: ECB reaction overdone? – Westpac Sean Callow, Research Analyst at Westpac, suggests that after…

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News Reviews USD 

USD Daily Review June 15, 2018

USD Daily Review for June 15, 2018 XAU/USD Technical Outlook: Gold Price Breakout Stalls Gold prices rallied through the monthly opening-range highs but does the advance have legs? These are the updated targets & invalidation levels that matter for   Post-FOMC USD/JPY Weakness to Persist as Bullish Sequence Snaps Recent price action in USD/JPY raises the risk for range-bound conditions as the dollar-yen exchange rate snaps the series of higher highs & lows from   EUR/USD Crumbles as ECB Unveils Cautious Stimulus Exit The ECB finally announced details around stimulus…

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GBP News Reviews 

GBP Daily Review June 15, 2018

GBP Daily Review for June 15, 2018 Technical Outlook – EURGBP Battling Confluence of Resistance EURGBP has drifted higher in recent sessions but its advance will be stifled by technical resistance unless the ECB announces a hawkish twist.   GBPUSD Rises as Royal Wedding Celebrations Lifts Retail Sales GBPUSD Rises as Royal Wedding Celebrations Lifts Retail Sales   Pound May Reverse Higher According to Sentiment Recent changes in sentiment warn that the current GBPUSD price trend may soon reverse higher despite the fact traders remain net-long.   GBP/USD stays under…

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EUR News Reviews 

EUR Daily Review June 15, 2018

EUR Daily Review for June 15, 2018 Euro May Fall as Dovish ECB Disappoints Calls for QE End The Euro may turn broadly lower as a dovish ECB disappoints markets looking for guidance signaling the imminent end of QE asset purchases.   Technical Outlook – EURGBP Battling Confluence of Resistance EURGBP has drifted higher in recent sessions but its advance will be stifled by technical resistance unless the ECB announces a hawkish twist.   EURUSD May Fall as ECB Disappoints the Euro Bulls The European Central Bank will discuss when…

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JPY News Reviews 

JPY Daily Review June 14, 2018

JPY Daily Review for June 14, 2018 Post-FOMC USD/JPY Weakness to Persist as Bullish Sequence Snaps Recent price action in USD/JPY raises the risk for range-bound conditions as the dollar-yen exchange rate snaps the series of higher highs & lows from   USD/JPY: bulls getting set for the BoJ, to underpin the upside on dovish outcome USD/JPY remains consolidated, perched gracefully above the 200-D SMA with dips supported by the 10-D SMA down at 109.93. The high today has been 110.4   USD/JPY: dip-buying demand should be stronger toward 108…

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AUD News Reviews 

AUD Daily Review June 14, 2018

AUD Daily Review for June 14, 2018 Crude Oil Prices Stand at Attention as Saudi, Russia Leaders Meet Crude oil prices look to soundbites from a meeting between Saudi Crown Prince Mohammed bin Salman and Russian President Putin for supply trend clues.   Asia AM Digest: USD Pares Gains on Powell Speech, AUD Awaits Jobs The US Dollar pared gains on the Fed rate decision when Chair Jerome Powell spoke afterwards. The Australian Dollar looks to a jobs report. Will   Reserve Bank of Australia (RBA) has turned more cautious,…

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News Reviews USD 

USD Daily Review June 14, 2018

USD Daily Review for June 14, 2018 LTC/USD Technical Outlook: Litecoin Prices Plummet towards Yearly Low Litecoin is off nearly 60% year-to-date with prices searching for nearby support near the yearly low. Here are the targets & invalidation levels that matter   US Dollar Rips and Dips as the Fed Hikes, Pledges Two More in 2018 The Fed hiked as was widely-anticipated while forecasting an additional two rate hikes in 2018. After a quick move of USD-strength, prices pulled back, and   US Dollar Gains as FOMC Hikes Rates, Outlines…

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GBP News Reviews 

GBP Daily Review June 14, 2018

GBP Daily Review for June 14, 2018 GBPUSD May Fall Further After In-Line UK Inflation Data GBPUSD will likely remain under downward pressure despite a same-again 2.4% increase in UK CPI year/year in May; the Bank of England will probably still   Pound at Risk on UK CPI, US Dollar to Rise on Hawkish Fed The British Pound may fall as soft UK CPI data cools BOE rate hike bets while the US Dollar gains as Fed forward guidance turns   GBP/USD Lags Behind as U.K. CPI Fails to Boost…

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