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USD Daily Review April 10, 2018

USD Daily Review for April 10, 2018

GBP/USD: Is the Bullish Trend Ready to Push Up to Fresh Highs?

The bullish trend in GBP/USD is now more than a year old, and prices have re-scaled the 1.4000 psychological level. Are bulls ready to pose


EURUSD Attracted to 1.2350 while USDJPY Maintains Bullish Posture

The Elliott Wave analysis for EURUSD and USDJPY shows a higher probability move towards USD strength.


Weekly Technical Perspective on EUR/USD, AUD/USD and GBP/JPY

A broader technical picture offers perspective on price with respect to trend. Here are the updated targets & invalidation levels that matter on the weekly


USD/CHF Technical Analysis: Pulls Back from Two-Month Highs

Dollar weakness remains in most major currency pairs, but in USD/CHF, prices have rallied up to a fresh two-month high just last week. Buyers showing


Dollar Bears Hit Back: USD Falls Below 90.00 Ahead of CPI, FOMC Minutes

Last week ended on a sour note for US stocks, and this week sees some pertinent quarterly earnings reports later in the week. But, before


Asian Stocks Gain, US Dollar Steadies, Trade Headlines Still Drive

Asian equity investors showed strong belief that trade war between China and the US can be avoided , with broad -based gains seen across the


Singapore Dollar Looks to MAS & China Data, USD/PHP May Fall

The Singapore Dollar looks to the MAS monetary policy announcement this week and key Chinese economic data. USD/PHP could be on the verge of turning


AUD/USD Technical Analysis: Getting Ready to Make a Move?

The Australian Dollar has been confined between key support and resistance against its US counterpart. The gap is slowly closing and either direction could have


CBO forecasts the return of trillion-dollar deficits

The Congressional Budget Office on Monday forecast the return of trillion-dollar deficits in 2020, in the nonpartisan agency’s first budget update sin


Weekly Technical Outlook: Pending U.S. Dollar Trade Setups…


EUR/USD and GBP/USD Forecast April 10, 2018

The EUR/USD pair had a positive session on Monday as trade war fears had abated a bit, driving the stock markets higher and bringing out more risk appetite. …


USD/JPY and AUD/USD Forecast April 10, 2018

The US dollar initially tried to rally during the session on Monday but found the 107.50 level to be too resistive to overcome. If we can break above there a…


AUD/USD Gains On Still-Strong Business Confidence, Watch Key Support

The Australian Dollar market had hoped for stronger business confidence than they got from this survey, even though, objectively, it was far from weak


US NFIB Dips From Near Record Levels, USD and S&P 500 Unmoved With Focus on China-US Trade Spat

US NFIB dips from near record levels, USD and S&P 500 unmoved with focus on China-US trade spat


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