News Reviews USD 

USD Daily Review July 19, 2018

USD Daily Review for July 19, 2018 GBP/USD: Net-Long Positions Continue Near Highest Yearly Levels Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading   USD/JPY Technical Outlook: Is Yen Relief in Sight? The Yen has been on the defensive since the start of July with price now approaching the yearly high. These are the targets & invalidation   USD/JPY Rate Risks Fresh Monthly Highs as Overbought Signal Persists Recent price action in USD/JPY…

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USD Daily Review July 18, 2018

USD Daily Review for July 18, 2018 Weekly Technical Perspective on the New Zealand Dollar (NZD/USD) Kiwi is trading just above critical support keeping the broader short at risk near-term. Here are the key price levels that matter on the NZD/USD   US Dollar Technical Analysis Favors Further Gains On Fed Support Fed Chairman Jerome Powell spoke, and the markets listened. The US Dollar broke higher with his comments on the future hikes and confidence in US   USD/JPY: Trader Sentiment Remains Bearish As Price Approaches Yearly Highs The combination…

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USD Daily Review July 17, 2018

USD Daily Review for July 17, 2018 USDJPY Trades Near 2018 Highs As Factors Multiply To Support Rise The Japanese Yen continues to weaken against the US Dollar as sights are set on a move through the YTD high and toward the late   EUR/USD: EUR/USD: Prices May Fall As Net-Short Positions Jump 8.4% Overnight The combination of current sentiment and recent changes gives us a further mixed EURUSD trading bias.   NZDUSD Vulnerable to Short Squeeze on an Upside Surprise in Q2 CPI Data NZDUSD Vulnerable to Short Squeeze…

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USD Daily Review July 16, 2018

USD Daily Review for July 16, 2018 EUR/USD Weekly Technical Outlook: Higher-low, Support Test, or Nothing? The euro may soon be on the verge of testing major support in the low-11500s again; if it does, can it hold yet again, or   The Case for Fading the Impressive USDJPY Breakout Between the Dollar and Yen, there are plenty of issues that would trip up a meaningful effort to establish a USDJPY trend.   USD/JPY Forecast: Dollar Strength to Persist on Hawkish Fed Testimony The semi-annual Humphrey-Hawkins testimony may influence the…

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USD Daily Review July 13, 2018

USD Daily Review for July 13, 2018 AUD/USD Rate Eyes July-Low as Bearish Sequence Takes Shape Recent price action in AUD/USD keeps the near-term outlook tilted to the downside as the exchange rate extends the string of lower highs & lows   XAU/USD Technical Outlook: Moment of Truth for Gold Prices Gold has pared the bulk of the July rally with price trading just above a critical support zone. These are the key targets & invalidation   USD/JPY Remains Overbought Even as U.S. Data Fails to Impress Recent price action…

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USD Daily Review July 12, 2018

USD Daily Review for July 12, 2018 USD/JPY Jumps above 3 Yr Trendline, 112 on Strong US Inflation Data For the first time since the opening weeks of 2018, USD/JPY has broken above 112, and the underlying trend may be taking this pair to   Weekly Technical Perspective on the Euro (EUR/USD) Euro is challenging the June rebound and will need to hold nearby support to keep the rally viable. Here are the price levels that matter   NZDUSD May Rally as Retail Traders Increase Their Short Positions Our trading…

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USD Daily Review July 11, 2018

USD Daily Review for July 11, 2018 US Dollar Pullback Can Cut Both Ways: USD Price Action Setups The US Dollar has spent most of the new quarter retracing the Q2 bullish trend. But it appears as though we’ve hit an inflection point,   Weekly Technical Perspective on the British Pound (GBP/USD) BREXIT headlines seem to have shaken the Pound but has the outlook really changed? Here are the key price levels that matter on the GBP/USD   USD/JPY Technical Outlook: Price Rally Approaching Critical Resistance Price is up nearly…

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USD Daily Review July 10, 2018

USD Daily Review for July 10, 2018 US Dollar May Be Set For Strong Rebound after Four Days of Declines After being offered on the back of NFP and Trade War rhetoric, the US Dollar may have found support. Now, traders should watch the follow   AUD/USD Technical Outlook: Trading the Aussie Price Recovery AUD/USD rebounded off key support last week with price up more than 3.2% off the yearly low. Here are the targets & invalidation levels that   EUR/USD: Retail Traders Reduce Net-Long Positions As Euro Strengthens The…

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USD Daily Review July 9, 2018

USD Daily Review for July 9, 2018 Weekly Trading Forecast: US and China Ensure Trade Wars, Dollar and Pound Look for Guidance Risk trends have yet to turn septic despite the material step higher in trade wars.   Dollar Starts to Lose Traction as China Trade War Takes Effect, Next the World? The Dollar took a notable spill to close out this past week as employment data came in close to expectations, local capital markets (like the   EUR/USD Weekly Technical Forecast: Euro Recovery Gathers Pace EUR/USD Weekly Technical Forecast:…

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