News Reviews USD 

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 is trading near the November highs while above the main daily simple moving averages (DMAs). The market is likely to keep apprec


GBP/USD consolidates gains around 1.2900 on the back of a stronger pound

The GBP/USD pair rose on Monday, ending the American session around 1.2900, with a gain of 65 pips. The pound was among the top performers as polls sh


Forex Today: Dollar wins but cautious prevails

Here is what you need to know Tuesday, November 26th: The greenback was the best performer, appreciating against most major rivals on the back of enco


USD/MXN rises toward 19.50 as Mexican peso weakens

The USD/MXN pair jumped today from near 19.30 to 19.48. Then pulled back and near the end of the American session trades at 19.45, up ten cents for th


AUD/USD sinks to key confluence support despite upbeat trade headlines; Listen-out for RBA speakers

AUD/USD is off -0.16% at the time of writing despite recent breaking headlines that the US and China have reached “broad consensus” for a ‘Phase One’


EUR/USD slumps to fresh 10-day lows near 1.1000

The EUR/USD pair posted modest losses last week and struggled to stage a decisive recovery on Monday. With the greenback preserving its strength in th


GBP/USD Technical Analysis: Cable easing from daily highs, trading back below the 1.2900 handle

GBP/USD is battling for the 1.2900 handle as the market is chopping in November. The market keeps an underlying bullish bias while trading above the main daily


US Dollar Index Technical Analysis: DXY approaching critical resistance at the 98.50 level

DXY (US Dollar Index) is trading in an uptrend above the main daily simple moving averages (DMAs). This Monday, DXY is trading mixed hanging near the November


USD/CAD finds support near 1.3300 despite crude oil recovery

The USD/CAD pair came under modest bearish pressure during the American trading hours and retreated to 1.3300 area before finding support there. As of


Pound/Dollar Price News: GBP/USD recovery attempt faces significant resistance

GBP/USD refreshes session tops, inching back closer to 1.2900 handle The buying interest around the British pound picked up some additional pace in t


AUD/USD Technical Analysis: Aussie under pressure challenging November lows, sub-0.6800 handle

The aussie is trading in a downtrend below the main daily simple moving averages (DMAs) on the daily time frame chart. The market is starting the week challen


EUR/USD stays under pressure, looks to 1.10

EUR/USD comes under downside pressure in the low-1.10s. The dollar remains bid and trades in daily highs. Chief Powell will speak at an event later i


Technical Trade Levels: US Dollar, EUR/USD, GBP/USD, USD/CAD & Gold…


EUR/USD and GBP/USD Forecast November 26, 2019

For additional up-to-date Forex Trading information: News (, Technical Analysis (…


USD/JPY and AUD/USD Forecast November 26, 2019

For additional up-to-date Forex Trading information: News (, Technical Analysis (…


US Dollar Price Volatility Report: EUR/USD, AUD/USD, USD/JPY

US Dollar outlook turns to an upcoming speech from Fed Chair Powell as well as the release of trade balance and consumer confidence data, which highlights EUR/USD, AUD/USD and USD/JPY.


AUD/USD fails to ignore broad USD strength, eyes on RBA/Fed speakers

AUD/USD responds to downbeat consumer confidence data while taking rounds to 0.6775 during the initial Asian trading session on Tuesday.


USD/JPY consolidates gains to 109.00, trade sentiment stays positive

USD/JPY witnesses a mild pullback from the one week top while flashing 108.90 as a quote on early Tuesday morning in Asia.


EUR/USD Technical Analysis: Fiber rolls into the Asian session below the 1.1020 level

On the daily chart, the fiber is trading in a bear trend below the main daily simple moving averages (DMAs). On the first day of the week, the market has been


US Dollar, Rupee Forecast: USD/INR and Nifty Brace for India GDP

The USD/INR uptrend may resume as India GDP slows to a 2013 low on a teetering banking sector that threatens the Nifty 50. The Rupee has struggled despite US-China trade deal bets.


Australian Dollar Could Gain if RBA’s Lowe Mulls Monetary Limits

The Australian Dollar has weakened since October, but could pause on the way down if the RBA Governor again wonders how far easy money policy should be taken. The ASX might not welcome such sentiment.


New Zealand Dollar Gains vs Yen But NZD/JPY Momentum Lacking

The New Zealand Dollar gained as the Japanese Yen fell, but failed to achieve meaningful upside technical progress despite seemingly ideal fundamental news. Will Powell sink markets ahead?


EUR/USD may rise as Fed’s Powell signaled rates are unlikely to rise anytime soon

EUR/USD could snap four-day winning streak as Federal Reserve’s (Fed) President Jerome Powell on Monday signaled that interest rates are unlikely to r


USD/CAD: Up for third straight positive day amid phase one optimism

Given the recently positive trade headlines from the United States (US) and China, USD/CAD gears up for the third straight winning streak.


AUD/USD: 50-hour MA hurdle caps upside even as trade talks gain momentum

The Aussie dollar, a G-7 proxy for China, is not impressed by reports of US-China trade talks gaining momentum. Xinhua, China’s official news agency,


USD/JPY Technical Analysis: Pulls back from 2-week high, 108.70/65 confluence in focus

USD/JPY declines from the two week high while taking rounds to 109.00 during early Tuesday. The pair fails to remain strong above 23.6% Fibonacci retracement.


China’s Finance Ministry: Dollar sovereign bond issuance will help improve yield curve

China’s issuance of dollar sovereign bonds will help improve China’s yield curve, the nation’s Commerce Ministry Official said on Tuesday, according t


USD/CNH dips below 200-hour MA as US and China reach consensus on trade issues

The bid tone around the CNH strengthened, pushing the USD/CNH below key support after news hit the wires that China and the US have reached consensus


AUD/USD technical analysis: Bears in control, testing key Fibonacci support

AUD/USD is trading around the 61.8%% Fibonacci retracement of the Oct swing lows to Nov swing highs around 0.6770. The pair has been falling from the


EUR/USD Eyes Monthly Low as ECB Reinforces Dovish Forward Guidance

EUR/USD may exhibit a more bearish behavior over the remainder of the week as the exchange rate carves a fresh series of lower highs and lows.


USD/JPY surrenders early gains to 2-week tops, slides back below 109.00 handle

The USD/JPY pair surrendered a major part of its early gains to two-week tops and is currently placed near the lower end of its daily trading range, j


Forex Today: Markets doubt US-Sino progress, Powell sees glass filling, GBP/USD spooked by poll

Here is what you need to know on Tuesday, November 26: Trade: China’s Xinhua and Global Times have reported that Sino-American negotiators have reache


US Dollar Index looks for direction near 98.30 ahead of data

The greenback, in terms of the US Dollar Index (DXY), is managing well to keep business in the area of 2-week highs around 98.30 on Tuesday. US Dollar


Gold: Bulls and bears jostle near 2-week low, trade optimism, USD strength prevail

Gold traders keep guessing around $1,456 during the pre-European session on Tuesday.


Canadian Dollar Forecast: USD/CAD Price Nears Decisive Breakout Zone

USD/CAD continues its move higher with recent sell-offs providing bulls with a fresh opportunity. The pair now near robust resistance which needs to be taken out if the move is to continue.


USD/CAD Technical Analysis: Bulls struggle to make it through a descending trend-line resistance

The USD/CAD pair held steady above the 1.3300 handle, closer to multi-week tops through the mid-European session on Tuesday, with bulls still awaiting


USD/CHF struggles to gather enough momentum to test parity

The USD/CHF pair rose to a fresh daily top of 0.9987 in the early trading hours of the European session but failed to preserve its momentum as investo


AUD/USD fades initial spike on RBA Governor Lowe comments, trades below 0.6800

After advancing to a fresh daily high of 0.6795 with the initial reaction to Reserve Bank of Australia (RBA) Governor Phillip Lowe’s remarks on the mo


EUR/USD Technical Analysis: Consolidation likely ahead of extra losses

EUR/USD keeps navigating the lower bound of the recent range near the key support at 1.10 the figure. Key resistance is seen at the 55-day SMA in the


US Dollar Index Technical Analysis: Looks bid above 98.00. Targets the 98.50 region.

The index so far manages well to keep business in the upper end of the range and above the 98.00 mark. Further upside impetus should now target monthl


EUR/USD stays under pressure near 1.10, focus on US data

EUR/USD is struggling for direction during the first half of the week, although the 1.10 neighbourhood still emerges as a decent support. EUR/USD look


Have a nice trading!

Related posts