You are here

Tag: FOREX

Foreign Exchange

News Reviews USD 

USD Daily Review April 22, 2019

newsbot, , ,

USD Daily Review for April 22, 2019 Euro Fundamental Outlook: EURUSD Crumbles on Euro-Zone Growth Fears Markets are unforgiving, and the Euro is currently under the pump with very little currently in the way of support to help stem the ongoing sell-off.   US Dollar Weekly Technical Outlook: Big Test of Resistance Nearing The US Dollar Index remains confined within a big-picture wedge, a test of the top of this pattern is just on the horizon   US Dollar May Rise on Haven Flows as Markets Turn Defensive The US…

Read More
GBP News Reviews 

GBP Daily Review April 22, 2019

newsbot, , ,

GBP Daily Review for April 22, 2019 Sterling Week Ahead Technical Analysis – GBPUSD, EURGBP & GBPNZD Sterling (GBP) continues to trade in restrictive ranges across a selection of currencies but headline GBPUSD may soon break below 1.3000 as the US dollar pushes higher.   GBP Forecast: Will Sterling Stabilize with Brexit Risk in the Distance? Expect fresh Brexit headlines next week with Parliament returning from recess following the UK’s second extension to the EU Withdrawal Agreement. What should British Pound traders watch for?   GBP/USD lifeless around 1.30, what…

Read More
EUR News Reviews 

EUR Daily Review April 22, 2019

newsbot, , ,

EUR Daily Review for April 22, 2019 EUR/USD stalls the corrective bounce ahead of 1.1250, US data eyed The bulls lack further momentum in the European session, sending the EUR/USD pair back into the familiar range between 1.1240-50 levels, as they await   Euro Fundamental Outlook: EURUSD Crumbles on Euro-Zone Growth Fears Markets are unforgiving, and the Euro is currently under the pump with very little currently in the way of support to help stem the ongoing sell-off.   Sterling Week Ahead Technical Analysis – GBPUSD, EURGBP & GBPNZD Sterling…

Read More
JPY News Reviews 

JPY Daily Review April 21, 2019

newsbot, , ,

JPY Daily Review for April 21, 2019 EUR/JPY Technical Analysis: Nears key 38.2% Fib support with biggest single-day drop since March 22 EUR/JPY fell 0.67 percent yesterday, the biggest single-day decline since March 22, neutralizing the bullish view put forward by the falling channel b   BOJ trims long duration JGB purchases by JPY 20 billion The Bank of Japan (BOJ) has cut the amount of bond purchases at the long end of the Japanese government bnond yield curve. The central bank is set to   EUR/JPY Technical Analysis: 125.50…

Read More
AUD News Reviews 

AUD Daily Review April 21, 2019

newsbot, , ,

AUD Daily Review for April 21, 2019 AUD/USD Technical Analysis: Aiming to Test Below 0.71 Figure? The Australian Dollar looks likely to test support below the 0.71 figure, starting a process that may lead to the resumption of the long-term downtrend against its US counterpart.   AUD/USD flat-lined near 0.7150 amid Good Friday light trading The AUD/USD pair extends its consolidative phase near the midpoint of the 0.71 handle, having stalled its overnight minor bounce, in the wake of Easte   AUD/JPY struggles around 80.00 ahead of Japan inflation data…

Read More
News Reviews USD 

USD Daily Review April 19, 2019

newsbot, , ,

USD Daily Review for April 19, 2019 US Dollar Price Action Setups in EUR/USD, GBP/USD and AUD/USD The US Dollar began to show breakout tendencies ahead of a long weekend, making for a difficult backdrop to chase fresh themes.   Euro Weekly Price Outlook: EUR/USD Coils – Breakout Pending Euro turned just ahead of resistance this week with the price consolidation coiling into the April range. Here are the levels that matter on the EUR/USD weekly chart.   USDJPY: Traders Remain Net-Short Since March 31 The combination of current sentiment…

Read More
GBP News Reviews 

GBP Daily Review April 19, 2019

newsbot, , ,

GBP Daily Review for April 19, 2019 UK retail sales unexpectedly rebound 1.1% m/m in March (GBP turns higher) The UK retail sales jumped 1.1% over the month in March, surprising the markets to the upside while core retail sales stripping the auto motor fuel sa   US Dollar Price Action Setups in EUR/USD, GBP/USD and AUD/USD The US Dollar began to show breakout tendencies ahead of a long weekend, making for a difficult backdrop to chase fresh themes.   Next Brexit Steps to Prove Pivotal for EURGBP, GBPJPY, GBPUSD…

Read More
EUR News Reviews 

EUR Daily Review April 19, 2019

newsbot, , ,

EUR Daily Review for April 19, 2019 Euro and Stocks May Fall on Gloomy Data, Italy Instability Fears The Euro may fall with stocks while the Yen gains as economic data flow fails allay global slowdown fears and worries about political instability in Italy resurface.   When are the German/ Eurozone flash PMIs and how could they affect EUR/USD? German/ Eurozone flash PMIs Overview Amongst the Euro area economies, the German and the composite Eurozone PMI reports hold more relevance, in terms   US Dollar Grabs a Bid, EURUSD Price…

Read More
JPY News Reviews 

JPY Daily Review April 18, 2019

newsbot, , ,

JPY Daily Review for April 18, 2019 EUR/JPY Technical Analysis: On the defensive below 126.50, double top on 4H chart EUR/JPY is struggling to capitalize on the falling channel breakout, confirmed on April 12 with the 4-hour chart flashing a double top pattern with th   USD/JPY Technical Analysis: Sustained break above 112.00 remains elusive, 4H RSI diverges in favor of bears USD/JPY is struggling to find acceptance above 112.00 for the sixth consecutive day with the 4-hour chart relative strength index creating lower highs   USDJPY slumps to fresh…

Read More
AUD News Reviews 

AUD Daily Review April 18, 2019

newsbot, , ,

AUD Daily Review for April 18, 2019 Currency Volatility: AUDUSD Price at Risk Ahead of Aussie Jobs Data AUDUSD overnight implied volatility soars to a multi-month high following the latest monetary policy minutes from the RBA which labeled future weakness in Australia’s labor as a potential trigger to cut interest rates.   AUD/USD: Mildly bid around 0.7170 ahead of Australia employment data The AUD/USD pair is on the rounds near 0.7170 during the early Asian session on Thursday as Aussie traders await employment data.   AUD/USD seeing two-way business for…

Read More