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USD Daily Review June 7, 2018

USD Daily Review for June 7, 2018

AUD/USD Forecast: Break of Bearish Trendline to Fuel Larger Recovery

AUD/USD may continue to retrace the decline from the April-high (0.7813) as it appears to be on course to threaten the downward trend from earlier


US Dollar Tests Two-Week Lows, EUR/USD Squeezed by ECB QE Prospects

The US Dollar is testing two week lows after yesterday’s resistance reaction. Helping the move is a bullish breakout in EUR/USD as anticipation builds for


EUR/USD and GBP/USD Forecast June 7, 2018

The EUR/USD pair has rallied significantly during the trading session on Wednesday, reaching towards the 1.18 level. I suspect that we will continue to see b…


GBP/USD Technical Outlook: Sterling Rebound Eyes Initial Resistance

GBP/USD has rallied nearly 2% off the May low with the advance now eyeing initial resistance objectives. These are the updated targets invalidation levels


Dow Leads a Charge and EURUSD a Dollar Retreat Amid Trade War Headlines

Despite the reach for yield and capital gains, the headlines Wednesday were dominated by trade wars and forecast for the G-7


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