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USD Daily Review June 6, 2018

USD Daily Review for June 6, 2018

US Dollar Price Action Setups After USD Pulls Back to Support

The US Dollar put in a Doji formation last week; and so far this week prices have continued to show a tendency to pull back,


Weekly Technical Perspective on the British Pound (GBP/USD)

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


GBP/USD Rate Risks Larger Rebound on Hawkish BoE Comments

GBP/USD stands at risk of extending the advance from the May-low (1.3204) as BoE officials show a greater willingness to implement another rate-hike in 2018.


A S&P 500 Break with No Progress, EURUSD Technical Pressure Building

Technically speaking, the S&P 500 and Nasdaq 100 posted new highs Tuesday. That hasn’t translated into a convincing trend however.


Japanese Yen Technical Analysis: USD/JPY Uptrend Looks Solid

The Japanese Yen is under some pressure against the US Dollar and other developed market units. For the moment uptrends against it look worth playing.


Australian Dollar Jumps On Resounding GDP Growth Beat

The Australian Dollar got a strong boost from official growth data which managed to surpass already quite elevated market expectations


AUD/USD Technical Analysis: Upswing Fizzles, Down Trend Holds

The Australian Dollar still looks to be locked in a down trend against its US counterpart after an attempted breakout fizzled out.


US Dollar Price Action Setups After USD Pulls Back to Support

The end of this webinar cuts-off early as there was a technical issue towards the end. The article accompanying this webinar has charts added for additional …


EUR/USD and GBP/USD Forecast June 6, 2018

The EUR/USD pair initially fell during trading on Tuesday but turned around and show signs of strength as it was rumored that the ECB will be looking at the …


Trading Outlook for EUR/USD, AUD/USD, Yen Pairs, Gold & More

Today, we looked over a couple of specific USD pairs and highlighted Yen cross-rates at pivotal levels, along with a review of the technical structure


EURUSD Rises as the ECB Look to Debate QE Exit

See our Q2 EUR forecast to learn what will drive the currency through the quarter. Yesterday, ECB source reports did the rounds, which highlighted th


Trade Conflict at G7 Summit May Rub Salt Into USD Wounds

The G7 summit that begins in Canada on Friday will be dominated by trade war concerns, potentially extending the downward trend now emerging in the


Yen Down, Aussie Dollar Up as Market Mood Brightens. Will It Last?

The Yen is falling and the Australian Dollar is up amid a broad-based recovery in risk appetite across markets. Trade war fears may yet spoil


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