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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 USD is not an easy option – Rabobank

“Currently the US exerts huge control over global financial activity as a result of the dominance of the USD in payments systems. Consequently the thr

 

AUD/USD Technical Analysis: Aussie bears bracing themselves for a drop to 0.7100 figure

Gold daily chart AUD/USD is evolving in a bear trend below the 200 SMA. AUD/USD bulls broke above the 50 and 100 SMAs. AUD/USD 4-hour chart

 

GBP/USD rises to 7-week highs ahead of a crucial week

The GBP/USD pair rose late on Friday, extending gains on the back of a stronger pound that gained ground across the board. It rose ahead of a crucial

 

All one way for EUR/USD? – Rabobank

“It is fairly easy to put together an argument suggesting that the fundamentals surrounding the USD have worsened over the past few months,” note Rabo

 

USD/CAD trades above 1.3250, looks to close higher for second straight day

The USD/CAD pair extended its recovery into a second day on Friday and advanced to a three-day high of 1.3276. As of writing, the pair was moving side

 

USD/CHF Technical Analysis: US Dollar bulls en route to the 0.9900 figure

USD/CHF daily chart USD/CHF is trading in a sideways trend below the 50, 100 and 200-period simple moving average (SMA). USD/CHF 4-hour chart.

 

Gold steadies near $1290 as risk-off mood offsets USD strength

After climbing to the $1295 area earlier in the day, the XAU/USD pair came under strong bearish pressure in the early NA session and slumped to $1287

 

USD/CAD Technical Analysis: DXY bulls en route to the 1.3300 figure against CAD

USD/CAD daily chart USD/CAD is trading in a bull trend above the 200 SMA. USD/CAD is consolidating the recent losses above 1.3200 and the 100 SMA.

 

USD/TRY tests 5.50 on reports of Turkey sending military units to Syrian border

According to Turkey’s state-owned news agency, Anadolu, Turkey sent a convoy of armoured military vehicles and ground troops to the northern Syrian pr

 




USD/JPY Technical Analysis: Bulls testing 108.50 resistance as DXY surges across the board

USD/JPY daily chart USD/JPY is in a deep pullback below the 50, 100 and 200-period simple moving averages (SMAs). USD/JPY is trading more than 300

 

USD/JPY jumps to 108.60, retreats slightly as Wall Street suffers losses

The USD/JPY pair gained traction and added more than 50 pips in the early NA session to touch a fresh daily high at 108.60. With risk-aversion taking

 

US Dollar Index clinches 2-day tops around 95.70

Tracked by the US Dollar Index (DXY), the greenback has reverted the daily losses and is now navigating the upper end of the range near 95.70, or fres

 

Breaking: USD surges across the board with EUR/USD erasing 100 pips of gains

Stocks have turned south and the greenback is on the rise once again. more coming

 

USD/JPY and AUD/USD Forecast January 14, 2018

The US dollar pulled back initially during the trading session on Friday, but then rallied towards the top of the Thursday range. Ultimately, I see a lot of …

 

EUR/USD and GBP/USD Forecast January 14, 2019

The Euro initially tried to rally during the trading session on Friday but found enough resistance near the 200 day EMA to turn things around and drop below …

 

Downside for DXY and upside for EUR/USD says DailyFX strategist

Wednesday was a very significant day for the US Dollar Index says Chris Vecchio, senior currency strategist at DailyFX, which saw the greenback push below 95…

 

Weekly Technical Forecast: Will Liquidity Define the Equities, EURUSD and Oil Reversals?

Though the intensity of their corrections vary – from the Dollar just recently slipping range support to the S&P 500 trying to claw out of

 

EUR/USD Weekly Technical Forecast: Euro Hanging onto Breakout by a Thread

The Euro finally broke free from its range but is holding onto breakout levels by a thread; needs to get into gear soon.

 

US Dollar May Rise as Data Flow Drives Rethink of Fed Policy Bets

The US Dollar may trade broadly higher as a barrage of economic data prompts a deep rethink of the recent dovish shift in Fed monetary

 

Dollar Has Made the Bearish Break, Now It Is Looking for Momentum

The Dollar finally broke from its restrictive two-month range this past week, but the fledgling bearish breakdown has proven tepid when it comes to momentum.

 

Dollar Has Made the Bearish Break, Now It Is Looking for Momentum

The Dollar finally broke from its restrictive two-month range this past week, but the fledgling bearish breakdown has proven tepid when it comes to momentum.

 




GBPUSD Weekly Technical Outlook: Light on the Horizon?

A chink of light for Sterling bulls as a series of lower highs is seemingly broken.

 

Australian Dollar Prices May Add Gains to USD, EUR But JPY Holds

Last week, the Australian Dollar hinted it was about to appreciate. Not only was that the case, but AUD/USD and EUR/AUD may extend their reversals.

 

EUR/USD Weekly Price Outlook: Euro Rally Targets Turn or Burn Level

Euro has already posted a 2.3% range off the monthly low with price eyeing a critical resistance hurdle. Here are the levels that matter on

 

USD/JPY Flash-Crash Rebound Stalls, U.S. CPI Fails to Impress

USD/JPY may continue to consolidate following the limited reaction to the U.S. CPI as the exchange rate snaps the series of higher highs & lows

 

US Dollar Bounces Back Despite Drop in Inflation – Options Expiry in Play

Amid disappointing inflation figures and no clear evidence that the US government shutdown is ending anytime soon, the greenback has surged seemingly out of nowhere

 

Sterling’s Article 50 reprive playing out at the open: GBP/USD gaps 18 pips higher

Sterling rallied on Friday on a mix of algos and headlines that the British government was more likely to delay a key Brexit vote for concerns that it

 

Cautious Fed, USD Drop Gives Bank of Indonesia Chance to Lift IDR

A cautious Fed weakened the US Dollar as stocks rose, giving the Bank of Indonesia a chance this week to boost the Indonesian Rupiah. Rosy

 

GBP Held to Gains, S&P 500 Ends Rise. NZD/USD Eyes Key Resistance

The British Pound held on to gains despite Brexit extension doubts, US Dollar had last-minute rally. Asia stocks may consolidate, NZD/USD faces critical resistance. China

 

USD/JPY tracks equities lower, hits session lows near 108.00

The Japanese yen is pushing higher against its American counterpart amid losses in the equity markets. China reported a trade surplus for December 20

 

GBP/USD trimming the hatches with Brexit vote around the corner

GBP/USD is trading softly lower into 1.2840 as investors turn their eyes to tomorrow’s critical parliamentary vote on PM May’s Brexit withdrawal propo

 

EUR/USD: Global growth fears may weigh over the EUR

The EUR/USD pair could come under pressure in Europe, as the global growth fears triggered by the below-forecast China trade numbers are likely to rev

 

China data trigger global growth fears, sends NZD/USD down to 50-hour MA support

The NZD is being offered in response to the below-forecast China import and export growth figures. The Kiwi dollar is currently trading at the 50-hou

 




AUD/USD slips to 0.7180 on reaction as China trade balance misses the mark

AUD/USD has slipped from Monday’s early highs near 0.7220 as Chinese Trade Balance figures came in broadly worse than expected, sending the Aussie dow

 

China Trade Balance USD registered at $57.06B above expectations ($51.53B) in December

China Trade Balance USD registered at $57.06B above expectations ($51.53B) in December

 

USD/SEK to Rise on Weak Nordic Growth and European Turmoil

USD/SEK technical outlook indicates a bullish trend for 2019 amid forecasts of slower growth in Sweden and political turmoil in the EU.

 

USD/JPY bounces-off lows ahead of 108.00 amid risk-off

The USD/JPY pair is seen making tepid recovery attempts from just ahead of the 108 handle, as the Yen bulls take a breather after the Asian rally.

 

GBP/USD: Reversal pattern completed – Commerzbank

In view of Karen Jones, analyst at Commerzbank, GBP/USD pair has completed a reversal pattern, after it eroded the 9 month downtrend last week. Key

 

EUR/USD: Not sustained the break above 1.15 – Commerzbank

Karen Jones, analyst at Commerzbank, explains that the EUR/USD pair, last week broke above the 1.1500 resistance, but has not sustained the break and

 

USD/CAD set for a bounce back into 1.3300 as CAD pauses

USD/CAD is seeing fresh push towards the 1.3300 handle, lifting into 1.3285 as the Greenback seeks to reclaim ground against the Loonie, which has bee

 

AUD/USD remaining under wraps on China trade data miss

AUD/USD continues to trading near 0.7180, remaining firmly underbid and south of the 0.7200 handle after China’s Trade Balance figures for Monday sent

 

USD/JPY Flash-Crash Rebound Looks to U.S. Retail Sales for Fuel

Data prints coming out of the U.S. economy may fuel the USD/JPY rebound following the flash-crash if the developments instill an improved outlook for growth

 

EUR/USD stays depressed near 1.1450 post-EM data

The demand for the European currency remains depressed on Monday and is now forcing EUR/USD to drop and test fresh lows in the mid-1.1400s. EUR/USD o

 

US Dollar Index sidelined around 95.60, looks to trade, data

The greenback, in terms of the US Dollar Index (DXY), is posting small losses at the beginning of the week around the 95.60 zone. US Dollar Index sup

 

GBP/USD swings back to 1.2840, eyes on Brexit vote

The GBP/USD pair is seen reversing a dip to 1.2817 daily lows, reached following the reports that the European Union (EU) will issue a later on backst

 




EUR/USD clinches to gains near 1.1470

After moving to daily highs near 1.1480 during overnight trade, EUR/USD has come under some selling pressure and tested the mid-1.1400s, or session lo

 

Dollar firm as kiwi and aussie slip on profit taking

The dollar climbed against most of its major rivals on Monday, however increased investor expectations that the Federal Reserve will stop raising rates this year are most likely to cap the greenback’s gains.

 

Have a nice trading!




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