USD Daily Review for June 12, 2018
|Markets are discounting the headline risks of the Trump-Kim meeting in Singapore, and any news of trade tensions easing could help USD/JPY to rally alongside|
|Using Elliott Wave theory our analysis for USDJPY and EURUSD is that we may see shorter-term USD weak moves to retrace a portion of the|
|The combination of current sentiment and recent changes gives us a further mixed EURUSD trading bias.|
|The EUR/USD pair rallied a bit during the day on Monday but has given back most of the gains. I think we will continue to consolidate just below the 1.18 lev…|
|AUD/USD may continue to catch a bid over the next 24-hours of trade as the recent pickup in market sentiment appears to be gathering pace.|
|The Euro may be on the verge of resuming the down move started in mid-Mayagainst the US Dollar following a brief corrective upswing.|
Have a nice trading!