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USD Daily Review December 1, 2017

USD Daily Review for December 1, 2017

EUR/USD: High Conviction Of A Rebound Towards 1.25 In 2018 – Danske

Danske Bank FX Strategy Research discusses EUR/USD outlook, and maintains a bullish bias over the medium-term for a move towards 1.25.”We continue to stress that a 2018 rebound towards 1.25 is on the cards for EUR/USD and crucially stress that upside risks dominate the medium-term outlook with levels around 1.30 justified by valuation.In addit

 

Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB

EUR/USD:Neutral (since 15 Nov 17, 1.1795): In a 1.1780/1.1930 range.EUR touched a high of 1.1960 earlier this week but has since staged a sharp retreat. From here, the prospect for a sustained move above 1.1960 appears to be quite slim. That said, the current pull-back from the high lacks momentum and the price action is viewed as part of a consoli

 

U.S. Dollar Price Action Setups

As we move into the final month of 2017, the U.S. Dollar has yet to leave the troubling down-trend from earlier in the year behind.

 

EUR/USD Price Analysis: Bullish Outlook Mired by Slope Resistance

The focus is on a break of a near-term range to offer guidance with our broader outlook constructive above 1.18. Here are the updated targets

 

EUR/USD Bulls Respond to CPI-Induced Dip; WTI Tests Bull Flag Resistance

The Euro has been on quite the ride over the past six weeks, and this does not look ready to yet end. What might markets

 

USD Price Action Setups with James Stanley (Nov. 30, 2017)

– We started off by looking at USD/JPY, as the pair has continued to run-higher after we observed support on Tuesday. We wanted to start off with USD/JPY as …

 

EUR/USD and GBP/USD Forecast December 1, 2017

The EUR/USD pair initially fell during the trading session on Thursday, but found enough buying pressure near the 1.18 level to turn around and rally. By doi…

 

USD/JPY and AUD/USD Forecast December 1, 2017

The US dollar rallied significantly during the trading session on Thursday, breaking above the vital 112 level. By doing so, it looks as if we are ready to c…

 

Pressured Australian Dollar No Worse Off After Caixin PMI Miss

The Australian Dollar gained this week on a strong official survey of Chinese manufacturing but held steady in the face of a little weakness in

 

Pound Pairs Breaking Critical Levels From GBP/USD to GBP/AUD

Market conditions are currently not very conducive to carrying trends – with the exception perhaps of US equities and certain risk assets.

 

Marked Slowdown in Canada GDP to Fuel USD/CAD Recovery

A marked slowdown in Canada GDP may fuel the near-term recovery in USD/CAD as it encourages the Bank of Canada (BoC) to carry a wait-and-see

 




US Dollar at the Mercy of Senate Tax Cut Vote Outcome

The US Dollar is at the mercy of a vote on tax cut reform in the US Senate. Buyers hope for cuts that boost inflation

 

Dollar abates as vote on tax bill postponed to Friday

The dollar was buoyant against the yen on Friday, despite losing some steam after hitting a 10-day high, as forex investors endured the wait for a vote on a U.S. tax reform bill.

 

Have a nice trading!




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