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USD Daily Review February 13, 2018

USD Daily Review for February 13, 2018

Elliott Wave Webinar: USD Index May See One More Dip

USD Index has increased a little last week. Prices may pivot soon one more dip towards US Dollar weakness.


GBP/USD: British Pound Grasps on to Support Ahead of UK Inflation

The Bank of England posed a hawkish twist at last week’s Super Thursday; but that strength was quickly faded-out. Tomorrow’s inflation numbers will be widely-watched


USD/CHF: Bear Flag Break After Support Bounce From Two-Year Lows

USD/CHF has been one of the cleaner majors for trading USD-weakness; but will continuation show after last week produced a bear flag formation off of


EUR/USD, GBP/USD: Deeper Retracement Potential as DXY Holds 90.00

Last week saw the US Dollar stage a bout of strength that helped EUR/USD and GBP/USD pull back. With US inflation in store, will this


Gold prices recoup some of their recent losses as the dollar softens

Gold prices settled higher on Monday, buoyed by a weaker dollar, even as U.S. stocks rebounded from the sharp declines they suffered last week. April


EUR/USD and GBP/USD Forecast February 13, 2018

The EUR/USD pair initially pulled back initially during the trading session on Monday, but turned around to show signs of support, forming a nice-looking ham…


USD/JPY and AUD/USD Forecast February 13, 2018

The US dollar has done very little against the Japanese yen during the trading session on Monday, but the one thing that I do see is that the 108.50 level co…


Lackluster U.K. Consumer Price Index (CPI) to Fuel GBP/USD Losses

Updates to the U.K. Consumer Price Index (CPI) may spark a mixed reaction in GBP/USD as the headline reading for inflation is expected to downtick


AUD/USD Technical Analysis: Upswing May Yield Short Trade Setup

The Australian Dollar may have scope for a bounce after two weeks of heavy selling brought the currency to the lowest level in six weeks


GBPUSD Firms as UK Inflation Tops Expectations

The Pound was firmer in Europe Tuesday after news that UK inflation failed to slip back in January as analysts had predicted.


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