News Reviews USD 

USD Daily Review December 10, 2019

USD Daily Review for December 10, 2019 Canadian Dollar Outlook: USD/CAD Bears Emerge, but Can they Drive? The Dollar has pared a portion of the post-NFP rally against Loonie with price holding downtrend resistance. Here are the levels that matter on the USD/CAD weekly chart.   US Dollar Returns to Resistance Ahead of CPI, FOMC It could be a big week for the US Dollar with both CPI and FOMC on the radar. But will USD-bears be able to continue driving?   Bitcoin Price Forecast: Bulls Retreat as BTCUSD Threatens…

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News Reviews USD 

USD Daily Review December 9, 2019

USD Daily Review for December 9, 2019 EURUSD Forecast Top Risk Between Fed and ECB, Pound and AUDUSD Risk Volatility There are a few, high-profile and high-potential themes meeting critical events or deadlines over the coming week. With events like the Fed and ECB rate decision as well as time tables for a UK ele…   US Dollar Outlook Bullish Ahead of FOMC, Retail Sales, CPI The US Dollar may rise if the FOMC re-affirms its data-dependent approach and cools 2020 rate cut bets. US retail sales and CPI data…

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USD Daily Review December 6, 2019

USD Daily Review for December 6, 2019 Australian Dollar Forecast: AUD/USD, AUD/JPY Test Key Resistance The Australian Dollar has climbed versus the US Dollar and Japanese Yen in the last few months, despite waning risk appetite, so are the rebounds overdone or just beginning?   Pre-NFP Price Action Setups Across the US Dollar USD bears have continued to push through December and tomorrow brings NFP’s.   US Dollar Forecast: Major Topping Potential in Play? Key Levels for DXY Index The US Dollar has continued to slide during the first week…

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USD Daily Review December 5, 2019

USD Daily Review for December 5, 2019 British Pound Breakout: GBP/USD Drives Above 1.3000, Six-Month-Highs The British Pound has broken out in a big way, and pushed beyond a key zone of resistance on the chart as Cable bulls continue to run.   US Dollar Index Rises Despite Weak ISM Services Figure The US Dollar Index gained ground after a weaker than expected read on the services side of the US Economy.   Canadian Dollar Surges as BOC Holds Rates – Next Levels for USD/CAD USD/CAD rates have broken their…

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USD Daily Review December 4, 2019

USD Daily Review for December 4, 2019 Euro Price Outlook: EUR/USD Surges Towards Fibonacci Resistance Euro has surged nearly 1% off the November lows with the rally now targeting initial resistance hurdles. Here are the levels that matter on the EUR/USD weekly chart.   British Pound Back to the Big Figure 1.3000: GBP/USD Price Outlook GBP/USD is in the process of trying to break-out to fresh six-month-highs, testing above the critical psychological level of 1.3000.   AUD/USD hold sin bullish territory, awaiting Aussie GDP Risk assets were under pressure again…

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USD Daily Review December 3, 2019

USD Daily Review for December 3, 2019 New Zealand Dollar Price Outlook: NZD/USD Breakout Goes Parabolic A breakout in Kiwi takes price into initial resistance targets early in the week. Here are the levels that matter on the NZD/USD weekly chart heading into December.   Gold Price Outlook: Support Holds, but Bulls Calm on USD Drubbing It’s been a slow three months in Gold as buyers have backed off the bid. But the bullish trend isn’t yet dead, and its return appears to be a matter of timing.   US…

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USD Daily Review December 2, 2019

USD Daily Review for December 2, 2019 Crude Oil Plummets as Dow, Gold and USD Cling to Familiar Levels The Dow Jones, gold and the US Dollar traded within their recent ranges last week as crude oil suffered a significant retracement on Friday as supply concerns worked to pressure the commodity lower.   Canadian Dollar Outlook Bearish on BOC, Jobs Data, Trade War The Canadian Dollar may face selling pressure if the BOC outlook strikes a more cautious note ahead of a cascade of key jobs data as US-China trade…

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USD Daily Review November 29, 2019

USD Daily Review for November 29, 2019 US Dollar Index Technical Analysis: DXY parked below the key 98.50 resistance DXY (US Dollar Index) is trading in an uptrend above the main daily simple moving averages (DMAs). This Thursday, DXY turns slightly negative, however still ha   EUR/USD sleeping near 1.1000, likely waking up when November ends The EUR/USD pair remains steady trading above 1.1000 on a quiet session amid US holidays. It is posting minor daily gains as it remains close to Novem   NZD/USD: Bears in control ahead of…

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USD Daily Review November 28, 2019

USD Daily Review for November 28, 2019 GBP/USD: British Pound Spikes as YouGov Poll Predicts Tory Majority The British Pound surged above the 1.2920 mark to print fresh intraday highs after the latest UK election poll predicted Boris Johnson’s Conservative Party will hold a commanding 68-seat majority.   Bitcoin Price Chart Turns Bullish, What Does This Mean for BTC/USD? Bitcoin has fallen further since last week, but a bullish pattern on the 4-hour price chart could suggest the cryptocurrency is due for a resurgence in the near term.   EUR/USD…

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