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USD Daily Review January 4, 2018

USD Daily Review for January 4, 2018

EUR/USD Bull Flag Unfolds in Early 2018

Broader outlook for EUR/USD remains constructive, with the pair at risk of extending the advance from late-2017 as a bull-flag formation appears to be panning

 

AUD/USD Winning Streak Continues as RSI Sits in Overbought Territory

AUD/USD marks its longest stretch of advances since September 2007, with the pair at risk for a larger recovery as the bullish momentum appears to

 

DailyFX US AM Digest: US Dollar Claws Back Losses Mid-week

The US Dollar has rebounded after losses defined the first trading day of the year, but price action remains muted as trading volumes remain low.

 

USD Rebounds, but Out of Favor at Start of 2018

Weakness seen in the DXY Index at the start of 2018 is seen not only as follow-through from 2017, but investors pricing expectations for future

 

Sensex, Nifty Seen Opening Higher On Sliding Dollar

Indian shares may open slightly higher on Wednesday as the dollar remains in the doldrums. Positive global cues may also offer a helping hand while higher levels may trigger some profit taking ahead of corporate results and amid soaring global crude prices.

 

Forex: Top FX Headlines: USD Rebounds, but Out of Favor at Start of 2018: 1/3/18

– Weakness seen in the DXY Index at the start of 2018 is seen not only as follow-through from 2017, but investors pricing expectations for future policy ende…

 

EUR/USD and GBP/USD Forecast January 4, 2018

The EUR/USD pair fell during most of the trading session on Wednesday, falling down to the 1.20 level, which was the scene of the gap from Tuesday. Now that …

 

USD/JPY and NZD/USD Forecast January 4, 2018

The USD/JPY pair went back and forth during the trading session on Wednesday, as we continue to see support just below at the 112 handle. I think that the ma…

 

Will USD/JPY Break its Trading Range?

USD/JPY traded sideways for the last part of 2017. The technical are primed for a breakdown in price. See the key levels we are following.

 

Australian Dollar Gains on Best Caixin PMI Readings in Years

The Australian Dollar gained against its major counterparts following the highest Caixin PMI composite and services reading in years. Can AUD/USD continue rising?

 

Risk Rally Broadens While Dollar Attempts a Technical Rebound

There is a wide array of impressive trends across the financial spectrum that I monitor, but the appropriateness of technically-striking patterns should be called into

 




Asian Stocks Storm Higher, Perky Caixin PMI Lifts Aussie Dollar

Asian markets found much to like in the US in the previous session with all of them in the green as trade wound down with

 

Have a nice trading!




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