News Reviews USD 

USD Daily Review June 26, 2019

USD Daily Review for June 26, 2019 US Dollar Price Volatile as Fed Comments Collide with Trump The DXY Index has seen prices whipsaw this afternoon amid a flurry of comments from US policymakers.   Sterling Dollar Price Chart: GBP/USD Recovery Fails at Yearly Open Sterling turned from yearly open resistance today & leaves the recent advance vulnerable into the June close. Here are the levels that matter on the GBP/USD price chart.   US Dollar Price Action Setups in EUR/USD, USD/JPY, USD/CAD, AUD/USD This is a walk-through of the…

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GBP News Reviews 

GBP Daily Review June 26, 2019

GBP Daily Review for June 26, 2019 EUR/GBP drops and test the vicinity of 0.8900 on EUR selling The now selling mood around the shared currency is dragging EUR/GBP to test the proximity of the 0.8900 handle, although meeting quite decent contenti   Sterling Dollar Price Chart: GBP/USD Recovery Fails at Yearly Open Sterling turned from yearly open resistance today & leaves the recent advance vulnerable into the June close. Here are the levels that matter on the GBP/USD price chart.   GBP/USD: Net-Long Positions decrease by 20.2% from Last…

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EUR News Reviews 

EUR Daily Review June 26, 2019

EUR Daily Review for June 26, 2019 EUR Futures: bullish with caution Open interest in EUR futures markets rose for the third session in a row on Monday, this time by around 5.8K contracts, while volume contracted by aro   EURUSD Chart Analysis: Euro May Turn Lower From 3-Month High The Euro has advanced to a three-month high against the US Dollar, but technical positioning warns that a downturn may be in the cards ahead.   EUR/GBP drops and test the vicinity of 0.8900 on EUR selling The now selling…

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JPY News Reviews 

JPY Daily Review June 25, 2019

JPY Daily Review for June 25, 2019 EUR/JPY technical analysis: Reversal from 12-day top signals 200-HMA re-test Having failed to clear the late-June 13 top drags the EUR/JPY pair to short-term key support confluence as it takes the rounds to 121.95 on early Tuesday.   USD/JPY technical analysis: Offered near 5-day MA, hits fresh 5.5-month low on risk-off The bid tone around the anti-risk Japanese Yen has strengthened amid risk aversion in the Asian stock markets. USD/JPY is currently trading at 107.03,   GBP/JPY technical analysis: Aims for immediate resistance-line,…

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AUD News Reviews 

AUD Daily Review June 25, 2019

AUD Daily Review for June 25, 2019 AUD/USD: Bulls dominate near fortnight top, 50-DMA Extending its week-long upward trajectory, the AUD/USD pair is trading near a fortnight top while quoting 0.6966 amid the early Asian session on Tuesday.   AUDUSD Rate Approaches Monthly High with US & China to Meet at G20 Recent price action in AUDUSD brings the monthly-high (0.7022) on the radar as the exchange rate extends the series of higher highs and lows from the previous week.   AUD/USD consolidates recent gains to 2-week tops, just above…

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News Reviews USD 

USD Daily Review June 25, 2019

USD Daily Review for June 25, 2019 Forex Volatility: EURUSD, AUDJPY & USDCNH Eye Data, G20 Summit Currency volatility shows signs of creeping higher as traders digest the latest monetary policy stances from global central banks while speculation over US-China trade war progress at the upcoming G20 summit mounts.   Canadian Dollar Price Outlook: Loonie Gains Slam USD/CAD into Support An outside-weekly reversal in the Canadian Dollar cleared the monthly range last week. Here are the levels that matter on the USD/CAD price charts into the June close.   EUR/USD:…

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GBP News Reviews 

GBP Daily Review June 25, 2019

GBP Daily Review for June 25, 2019 GBP/USD refreshes session lows, once again fails near 1.2760 supply zone The GBP/USD pair quickly retreated around 40-45 pips during the early European session and dropped to fresh session lows, around the 1.2630-20 region   EUR/GBP forecast at 0.90 over the summer – Danske Bank Analysts at Danske Bank, expect the EUR/GBP pair to trade near 0.90 over the summer but the risk of moving towards 0.91 has clearly diminished as the   GBP/USD technical analysis: Cable holding above 1.2700 handle GBP/USD is…

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EUR News Reviews 

EUR Daily Review June 25, 2019

EUR Daily Review for June 25, 2019 Euro Nervously Eyes G20 Summit Outcome, Italy Budget Dispute With a relatively light economic docket in the US and Europe, the Euro may find itself focusing on lingering fundamental risks and themes including the G20 summit and a budget dispute with Italy.   Weekly Euro Forecast: Last Week of June Awaits Euro Inflation Data Euro gains have been largely built upon crumbling US Dollar; elsewhere, speculation that the ECB will introduce new stimulus soon has weighed on the Euro. The upcoming June Eurozone…

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JPY News Reviews 

JPY Daily Review June 24, 2019

JPY Daily Review for June 24, 2019 USD/JPY technical analysis: 107.77/81 caps latest bounce off 23.6% Fibo. Oversold levels of 14-day relative strength index (RSI) played its role in fetching the USD/JPY pair upwards towards near-term important resistance.   GBP/JPY technical analysis: Short-term resistance-line questions 200-HMA breakout GBP/JPY breaks 200-HMA but is yet to cross 12-day long resistance-line as it takes the rounds to 136.85 during early Monday.   USD/JPY sticks to modest gains, lacks follow-through beyond mid-107.00s The USD/JPY pair struggled to register any meaningful recovery and remained well…

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AUD News Reviews 

AUD Daily Review June 24, 2019

AUD Daily Review for June 24, 2019 AUD/USD eases from tops, still well bid near mid-0.6900s The AUD/USD pair remained well bid through the early European session and remained well within the striking distance of near two-week tops set earlier   Forex Volatility: EURUSD, AUDJPY & USDCNH Eye Data, G20 Summit Currency volatility shows signs of creeping higher as traders digest the latest monetary policy stances from global central banks while speculation over US-China trade war progress at the upcoming G20 summit mounts.   USD Suffers as Key Support Breaks,…

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