News Reviews USD 

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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USD Daily Review November 27, 2019

USD Daily Review for November 27, 2019 Canadian Dollar Outlook: Is USD/CAD Headed for a Reversal Lower? USD/CAD has enjoyed a remarkable rally throughout November but is nearing longstanding technical resist which has worked to stall previous rallies. Does this mean USD/CAD is due for a reversal lower?   Gold Price Forecast: XAUUSD Grinds at Support, Will Bulls React? Gold prices have been pulling back for three months now. Have bulls thrown in the towel, or are they waiting in the wings for another topside push?   NZD/USD: A top…

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USD Daily Review November 26, 2019

USD Daily Review for November 26, 2019 Canadian Dollar Price Outlook: USD/CAD Bulls Push – Resistance Awaits The November rally has continued in USD/CAD as price action nears a test of an imposing zone of resistance levels. Can USD/CAD bulls prevail?   GBP/USD Outperforms, EUR/USD Tests Support, AUD/USD Eyes RBA QE Talk – US Market Open GBP/USD Outperforms, EUR/USD Tests Support, AUD/USD Eyes RBA QE Talk – US Market Open   USD/CAD Technical Analysis: Greenback battling with the 1.3300 handle near the November highs The loonie on the daily chart…

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USD Daily Review November 25, 2019

USD Daily Review for November 25, 2019 Weekly US Dollar Forecast: Front-Loaded Week Due to Thanksgiving The coming week is shortened due to the holiday; all of the meaningful US economic data and speeches by Federal Reserve policymakers are due between Monday and Wednesday.   Australian Dollar Looks to US-China Trade Headlines, RBA’s Lowe The Australian Dollar faces a lack of heavyweight domestic data which, unfortunately for traders, will leave the unpredictable trade story in the driving seat.   USD Price Outlook: US Dollar Trading Ranges & Implied Volatility Expected…

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USD Daily Review November 22, 2019

USD Daily Review for November 22, 2019 Canadian Dollar Outlook: USD/CAD Stretch to Monthly Highs at Risk The Canadian Dollar may be ready to mount a counter-offensive as the US Dollar rally tests uptrend resistance. Here are the levels that matter on the USD/CAD charts.   EUR/USD Fails at Resistance, USD/CAD Eyes BoC – US Market Open EUR/USD Fails at Resistance, USD/CAD Eyes BoC – US Market Open   US Dollar Technical Outlook: GBP/USD, AUD/USD, USD/CAD The US Dollar has been relatively quiet so far this week. But potential for…

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USD Daily Review November 21, 2019

USD Daily Review for November 21, 2019 Silver Price Forecast: XAGUSD May Fall Further Despite Risk Aversion The price of silver has slipped in the last two months after peaking on September 4 and a further decline in ETF holdings could suggest XAGUSD is headed lower still unless risk aversion spikes furt…   AUD/USD, GBP/USD Present Two Different Ways to Approach the US Dollar Break or bend in the USD, there’s a major pair for either scenario with short setups in AUD/USD to go along with bullish scenarios in GBP/USD.…

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