News Reviews USD 

USD Daily Review December 15, 2017

USD Daily Review for December 15, 2017 AUD/USD Bullish Reversal Eyes Initial Resistance Targets Aussie rebounded off critical support last week with the post-FOMC rally clearing the monthly range highs. Here are the updated targets & invalidation levels that   EUR/USD Rebound Unravels as ECB Buys Time; November-Low on the Radar The reaction to the ECB interest rate decision raises the risk for further losses in EUR/USD as the central bank keeps the door open to   U.S. Dollar Folds at Resistance on Fed, ECB, BoE: A Recap The past…

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USD Daily Review December 14, 2017

USD Daily Review for December 14, 2017 US Dollar Slips Despite Rate Hike and Signal For Three More in 2018 The Federal Reserve raised rates as was widely anticipated, but their decision to reaffirm their intention to raises rates three times next year has produced   FOMC Preview: Dovish Rate Hike to Drag on USD Rates A dovish Fed rate-hike may spark a bearish reaction in the U.S. dollar as the central bank runs the risk of completing the policy normalization   U.S. Dollar Price Action Setups Ahead of FOMC…

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USD Daily Review December 13, 2017

USD Daily Review for December 13, 2017 USD/JPY Searches for a Top Ahead of FOMC USD/JPY is approaching multi-month range highs ahead of key U.S. event risk tomorrow. Here are the updated targets & invalidation levels that matter from here.   NZD/USD Risks Larger Recovery on Dovish FOMC Rate Hike NZD/USD stands at risk of staging a more meaningful recovery should the Federal Open Market Committee (FOMC) deliver a dovish rate-hike at its last meeting   U.S. Dollar at Key Resistance Ahead of the Fed; Cable Bounce on Six-Year High…

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USD Daily Review December 12, 2017

USD Daily Review for December 12, 2017 GBP/USD Rate Forecast: RSI Flashes Bearish Signal Ahead of U.K. CPI The U.K. Consumer Price Index (CPI) may fuel the near-term weakness in GBP/USD as both the headline and core reading for inflation are expected to   DailyFX US AM Digest: US Dollar Gaps Open Higher and Stays There FX markets are proving volatile at the close of the week thanks to a bevy of news flow and data hitting the wires over the   Forex Weekly Technical Outlook: USD Trade Setups Heading…

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USD Daily Review December 11, 2017

USD Daily Review for December 11, 2017 Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB EUR/USD: Neutral (since 15 Nov 17, 1.1795): Pressure shifting to the downside but too early to expect a sustained down-move.EUR is approaching the bottom of the expected 1.1740/1.1940 consolidation range and the weak daily closings over the past few days have shifted the pressure to the downside. That said, it is too early to expect a sustained dow   US Dollar May Rise as Fed Rate Hike Outlook Tops Market Baseline The US Dollar…

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USD Daily Review December 8, 2017

USD Daily Review for December 8, 2017 NiceHash: Millions of dollars may have been stolen in bitcoin hack Hackers have carried out a heist on a leading digital currency platform, making off with an unspecific amount of bitcoin.   Pre-NFP Price Action Setups Across the U.S. Dollar The next few trading days bring some pivotal U.S. drivers to the table, and the Dollar has just started to show a spurt of strength   Canadian Dollar Rate Forecast: Falling With Commodity Currencies The Canadian Dollar fell aggressively taking USD/CAD toward 1.2850…

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USD Daily Review December 7, 2017

USD Daily Review for December 7, 2017 GBP/USD Technical Analysis: Plotting Around the Pull Back The British Pound finally broke out of the two-month range, but has since started to see that bullish theme taper-off. In this article, we look   Cautious BoC Curbs USD/CAD Weakness, November-High on the Radar USD/CAD may continue to retrace the decline from earlier this month as the BoC keeps the key interest rate at 1.00% and tames expectations for   USD/CAD Turns Higher after BOC Urges Patience on Rate Rises In spite of the…

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USD Daily Review December 6, 2017

USD Daily Review for December 6, 2017 Dollar Range Poised to Give Way with NFP, FOMC in Sight The U.S. Dollar continues to bounce in a relatively tight range, but with NFP on the docket for Friday along with FOMC on the calendar   Bearish AUD/USD As RBA on Permahold Mode and Melting Metals The RBA looks to be showing AUD bulls the door after maintaining a neutral rate for a record 15 consecutive meetings and not expected to   British Pound Falls From Fibonacci Support as USD Tries to…

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