News Reviews USD 

USD Daily Review December 18, 2018

USD Daily Review for December 18, 2018 GBP/USD: Cable Pushes Above 1.2600 Ahead of UK Inflation, BoE The British Pound is continuing to recover losses from last week’s bearish breakout, and this sets the stage for UK inflation and the Bank of   AUD/USD Price Outlook: Aussie Bounces from Big Support Ahead of Fed Aussie is testing make-or-break support ahead of the FOMC interest rate decision. Here are the targets & invalidation levels that matter on the AUD/USD charts   USD Weakens as Markets Await Central Bank Bonanza – US…

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USD Daily Review December 17, 2018

USD Daily Review for December 17, 2018 US Dollar May Rise as the Fed Checks Slide in 2019 Rate Hike Bets The US Dollar may trade broadly higher against its major currency counterparts as the Fed policy announcement checks the slide in 2019 rate hike bets.   Dollar Hits an 18-Month High as Anti-Currency Demand Fights Liquidity The DXY Dollar Index managed to charge to its highest level since June 2017 this past Friday. The insinuation of a breakout fueled by a   GBPUSD Weekly Technical Outlook: Seven Weekly Bear…

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USD Daily Review December 14, 2018

USD Daily Review for December 14, 2018 FX Price Action Setups in EUR/USD, GBP/USD, USD/CHF and NZD/USD Compression and congestion setups reign supreme around the US Dollar at the moment, and next week’s FOMC rate decision may provide the fuel for some   EUR/USD Price Outlook: Euro Breakout Imminent- Battle Lines Drawn The December range remains intact with a multi-month consolidation-break looming. Here are the targets & invalidation levels that matter on the EUR/USD charts post-ECB.   GBP/USD Technical Analysis: Cable is trapped in a tight 80-pip range GBP/USD daily…

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USD Daily Review December 13, 2018

USD Daily Review for December 13, 2018 Outlook 2019: Emerging Markets Are Better Than The U.S. If Dollar Cooperates If the Fed cooperates, then emerging market stocks, especially China’s cheap A-shares, should beat the U.S. in 2019.   EUR/USD: Traders Remain Net-Long Despite a Mixed Bias The combination of current sentiment and recent changes gives us a further mixed EURUSD trading bias.   GBP/USD: Cable Poses Short-Cover Rally Ahead of No-Confidence Vote The British Pound is putting in a vigorous bounce from the 1.2500 psychological level; but already an area…

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USD Daily Review December 12, 2018

USD Daily Review for December 12, 2018 NZD/USD Weekly Price Outlook: Kiwi Rally Runs into Resistance The New Zealand Dollar is struggling after responding to confluence resistance last week. Here are the levels that matter on the NZD/USD weekly chart into   EUR/USD Caught in Congestion as USD Extends Fibonacci Support Bounce The US Dollar came into this week on the ropes, quickly testing a key area of Fibonacci support. But bulls have come back with gusto   Technical Outlook for the USD Index, EUR/USD, EUR/AUD, Gold Price & More…

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USD Daily Review December 11, 2018

USD Daily Review for December 11, 2018 AUD/USD Rate Outlook Mired by Series of Lower Highs AUD/USD may continue to give back the advance from the 2018-low (0.7021) as the exchange rate extends the series of lower highs from the beginning   GBP/USD: Pound Plummets Through Key Support as May Calls Off Vote It’s been a rough start to the week for GBP bulls, and GBP/USD pushed down to fresh 18-month lows this morning, taking out a big   USD/JPY 44.6% of traders are net-long indicating a mixed trading bias…

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USD Daily Review December 10, 2018

USD Daily Review for December 10, 2018 US Dollar May Rise on Inflation Data, Shaky European Politics The US Dollar may find fuel to push higher as CPI data boosts Fed rate hike bets while shaky European politics stoke haven demand.   USD/JPY to Track October Range as Attention Turns to U.S. CPI Another batch of lackluster U.S. data prints may spur a further depreciation in USD/JPY as it pushes the Fed to adopt a less-hawkish forward-guidance for   Which Major Faces the Most Risk This Week: Dollar, Euro or…

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USD Daily Review December 7, 2018

USD Daily Review for December 7, 2018 AUD/USD Weekly Price Outlook: Aussie Reversal Targets in View Aussie has plummeted more than 2.2% since the start of the month after reversing off technical resistance. Here are the levels that matter on the   EUR/USD: A 17% Decrease in Long Positioning Leads to a Mixed Bias The combination of current sentiment and recent changes gives us a further mixed EURUSD trading bias.   USD/CAD Weekly Price Outlook: US Dollar Rallies to Fresh Yearly Highs USD has rallied nearly 10% against the Loonie…

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USD Daily Review December 6, 2018

USD Daily Review for December 6, 2018 AUD/USD Carves Bearish Series, RSI Threatens Upward Trend Recent price action in AUD/USD raises the risk for a further depreciation as the exchange rate carves a series of lower highs & lows.   Gold Weekly Price Outlook: XAU/USD Challenges Critical Resistance Gold prices are testing a key resistance barrier at the October highs. Here are the levels that matter on the XAU/USD weekly chart heading into   EUR/USD looks to finish the day flat near 1.1340 Since the start of the week, the…

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