News Reviews USD 

USD Daily Review September 18, 2019

USD Daily Review for September 18, 2019 Australian Dollar Price Outlook: Aussie Breakout Potential into FOMC Aussie rebounded off uptrend support today but keeps the broader advance at risk while below key resistance. Here are the levels that matter on the AUD/USD price charts.   US Dollar Rally Curtailed Ahead of September Fed Meeting – Levels for DXY & USD/JPY Market participants have entered their typical pre-FOMC drift trading habits, with volatility cooling in the 24-hours leading into the Fed meeting.   Japanese Yen Price Outlook: USD/JPY Breakout at Resistance-…

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News Reviews USD 

USD Daily Review September 17, 2019

USD Daily Review for September 17, 2019 Euro Price Outlook: EUR/USD Breakout Targets- Battle Lines Drawn Euro reversed off downtrend resistance last week with the decline now challenging monthly open support. Here are the levels that matter on the EUR/USD price charts.   Crude Oil Prices Threaten Major Breakout – How Will USD/CAD Respond? Oil prices exploded higher at the market open on Sunday after a weekend attack on a Saudi Arabian processing facility knocked over 5% of the global oil supply offline.   US Dollar Price Outlook: EUR/USD, GBP/USD,…

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USD Daily Review September 16, 2019

USD Daily Review for September 16, 2019 Dow Perched Just Below Record High and EURUSD Tempting Reversal We are within reach of a remarkable shift in the underlying markets. Some benchmarks like US indices and gold are within reach substantial highs (record and six year respectively) while others like EURUSD and GBPUSD look likely they are moving into reversal. These setups may be more closely related than   US Dollar Faces High Volatility but Unpredictable Direction with Fed Decision The Dollar will find itself burdened with anticipation through the first…

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USD Daily Review September 13, 2019

USD Daily Review for September 13, 2019 Australian Dollar Price Forecast: AUD/USD Rally May Fizzle Out The Australian Dollar has staged a nearly parabolic rebound in September after suffering weeks of losses in late July and early August. That said, the AUDUSD rally may start to lose steam.   Swiss Franc Price Outlook: USD/CHF Rally Grinds into Trend Resistance The Swiss Franc may find its footing here as price reverses off near-term trend resistance. These are targets and invalidations levels that matter on the USD/CHF charts.   US Dollar Fueled…

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USD Daily Review September 12, 2019

USD Daily Review for September 12, 2019 Near-term Trade Setups in USD/CAD, GBP/USD & USD/CHF Updates on near-term technical trade setups we’ve been tracking in Loonie, Sterling and Swissy. These are the targets and invalidation levels that matter this week.   Turkish Lira Price Forecast: USD/TRY Nearing the Next Test Here are the USD/TRY technical levels traders may need to monitor closely.   Crude Oil Prices Boosted, EUR/USD Suffers Ahead of ECB – US Market Open Crude Oil Prices Boosted, EUR/USD Suffers Ahead of ECB – US Market Open  …

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USD Daily Review September 11, 2019

USD Daily Review for September 11, 2019 FX Price Action Setups in EURUSD, USDCHF, USDCAD, AUDUSD The next week-and-a-half bring some major items on the economic docket, and FX markets are primed to move.   US Dollar Price Volatility Report: EUR/USD to Gyrate on ECB & Fed US Dollar price action remains fixated on upcoming monetary policy updates from the ECB & Fed, which has propelled EURUSD 1-week implied volatility to its highest reading since June 5.   Bitcoin Price Correlations with Emerging Markets FX: USD/CNH, USD/ZAR Lead the Way…

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USD Daily Review September 10, 2019

USD Daily Review for September 10, 2019 Bitcoin Price Correlations with Emerging Markets FX: USD/CNH, USD/ZAR Lead the Way The Chinese Yuan (via USDCNH) has the highest 5-day and 6-month correlations with bitcoin prices among emerging market FX at 0.95 and 0.73, respectively.   US Dollar Price Volatility Report: GBP/USD Brexit Rally May Stall The British Pound has soared since printing its recent bottom below the 1.2000 handle, but GBPUSD could whipsaw lower as Brexit risks linger and currency volatility remains elevated.   GBP/USD Shoots Higher, AUD/USD Breaks Resistance –…

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USD Daily Review September 9, 2019

USD Daily Review for September 9, 2019 US Dollar Price Outlook: USD Fails at Multi-year Trend Resistance The US Dollar reversed off long-term slope resistance this week, opening the door for further dollar losses. Here are the levels that matter on the DXY weekly chart.   A GBPUSD and Pound Reversal Whose Run Will Always Depend on Brexit The British Pound made a significant move to start what could be a wholesale reversal. The technicals from pairs like GBPUSD look very appealing but to ignore the uncertainty from Brexit would…

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