News Reviews USD 

USD Daily Review January 22, 2019

USD Daily Review for January 22, 2019 EURUSD Rejects Resistance, AUDUSD Weighed by China Slowdown EURUSD Rejects Resistance, AUDUSD Weighed by China Slowdown   USD/JPY directionless below 110 ahead of BoJ announcements on Wednesday Similar to many major pairs, the USDJPY pair stayed quiet on Monday amid a lack of significant fundamental drivers and thin trading conditions due to   USD/CHF Technical Analysis: Greenback bulls en route to the parity level against CHF USD/CHF daily chart USD/CHF is trading in a sideways trend below the 50-day simple moving average (SMA).…

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USD Daily Review January 21, 2019

USD Daily Review for January 21, 2019 Weekly Technical Forecast: Reversals are Taking with the Equites Up Four Week and the Dollar Back with Bulls The overwhelming sense of dread and high volatility plaguing the markets through the end of the past year is slowly starting to lift. US equities   EUR/USD Weekly Technical Forecast: Euro Dropping Towards Support, Bear-flag Building The Euro is backing down into support and may bounce, but overall a bear flag is under development and at some point likely to lead   Gold Weekly Fundamental…

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USD Daily Review January 18, 2019

USD Daily Review for January 18, 2019 GBP/USD Price Outlook: Pound Testing Key Resistance Amid Brexit Talks Cable is up 1.6% YTD with price testing major trend resistance as Brexit talks break down. Here are the targets & invalidation levels that matter   AUD/USD jumps to 0.7220 as US dollar tumbles on US-China negotiation reports The AUD/USD pair rose from below 0.7175 to 0.7220 in a few minutes, reaching the highest level in two days. The move to the upside took place followin   NZD/USD spikes above 0.6780, retreats quickly…

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USD Daily Review January 17, 2019

USD Daily Review for January 17, 2019 Gold Price Technical Outlook: Targets for Pending XAU/USD Breakout Gold prices are poised to breakout of a multi-week consolidation range. Here are the targets & invalidation levels that matter on the XAU/USD charts this   USD/JPY Flash-Crash Rebound Fuels Expansion in Retail Short Exposure The USD/JPY flash-crash rebound appears to be spurring a shift in retail interest, with the recovery in the exchange rate fueling a jump in net-short   EUR/USD Technical Price Outlook: Euro Testing Lower Bounds of Support Euro is off…

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USD Daily Review January 16, 2019

USD Daily Review for January 16, 2019 Sterling Weekly Price Outlook: GBP/USD Recovery Faces Moment of Truth The Pound recovery has failed just ahead of key technical resistance and leaves the advance vulnerable. Here are the levels that matter on the GBP/USD   EUR/USD Snaps Bullish Sequence, RSI Clings to Upward Trend The recent breakout in EUR/USD appears to be unraveling, with the exchange rate at risk of facing further losses it snaps the bullish series from   Trading Outlook for EUR/USD, DAX 30, Gold Price & More The Euro…

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USD Daily Review January 15, 2019

USD Daily Review for January 15, 2019 AUD/USD Open Range Favors Flash-Crash Rebound Amid Shift in Sentiment The AUD/USD rebound from the flash-crash low (0.6745) may continue to materialize over the near-term as the pickup in volatility spurs a shift in retail   EUR/USD: Traders Increase Their Long Positions Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bearish contrarian trading   US Dollar Weekly Price Outlook: DXY Breakdown Threatens More Losses The US Dollar Index is…

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USD Daily Review January 14, 2019

USD Daily Review for January 14, 2019 NZD/USD: A better year ahead for the Kiwi – BNZ After the 5% fall in the NZD last year, the BNZ Currency Research Team, think the odds favour a better year in 2019. They point out that a weaker glob   USD/CNY: The tide has turned for the Chinese currency – Danske Bank According to analysts from Danske Bank, the significant depreciation pressure on the CNY is turning into a moderate strengthening trend. Key Quotes:   Creating an alternative reserve currency to the…

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USD Daily Review January 8, 2019

USD Daily Review for January 8, 2019 USDJPY: Traders Remain Net-Long Recent changes in sentiment warn that the current USDJPY price trend may soon reverse higher despite the fact traders remain net-long.   GBPUSD: Traders Remain Net-Long Recent changes in sentiment warn that the current GBPUSD price trend may soon reverse higher despite the fact traders remain net-long.   EUR/USD Net ShortTraders May Push Prices Higher Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bullish contrarian…

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USD Daily Review January 7, 2019

USD Daily Review for January 7, 2019 New Zealand Dollar Weekly Technical Forecast: NZDUSD to Continue Slide, NZDCAD Faces 2016 Resistance The New Zealand Dollar looks likely to continue a slow decline versus the US and Canadian Dollars as nearby resistance threatens to overpower bulls.   GBPUSD Technical Outlook: 20-Month Spike Low May Be Re-Tested GBPUSD hit a 20-month low around 1.2435 mid-week and with the 20- and 50-day moving averages bearing down on price action, another re-test of this   Dollar, Oil, Loonie, S&P 500 – Reversal Candidates Reversals…

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USD Daily Review January 4, 2019

USD Daily Review for January 4, 2019 FX Price Action Setups in USD/JPY, GBP/JPY and USD/CAD It’s been a fairly intense start to 2018 already, and tomorrow brings Non-Farm Payrolls as a plethora of workable themes remain for traders.   EUR/USD Initiates Bearish Series as Rebound Flops Ahead of November-High EUR/USD initiates a series of lower highs & lows after failing to test the November-high (1.1500), with the Relative Strength Index (RSI) also flashing a   USD/JPY Technical Analysis: 3 Year Pattern Complete? The Elliott Wave chart pattern for USDJPY…

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