Yesterday the greenback saw rising trends against most of its major currency rivals. During the prior trading session the EUR\USD dropped 98 points from 1.5573 down do 1.5475. In addition the USD experienced bullish behavior against the...
Today’s US Dollar Trading• USD two-way overnight• Weakens in NY trade• All eyes on US data tomorrow Overnight Preview• Look for the USD to consolidate with a lower tone Looking Ahead to ThursdayAll times EASTERN (-5 GMT)•...
Today’s US Dollar Trading• Overseas data USD negative• USD rally falters in US trade• Volumes lighter Overnight Preview• USD likely to remain technical in nature• Look for more downside pressure Looking Ahead to WednesdayAll times EASTERN (-5...
USDCAD might be forming a cycle top at 1.0322 on daily chart. Key support is at 1.0150, a break of this level will confirm the cycle top, and deeper decline to 1.0000 area is expected to follow....
USDCHF formed a cycle bottom at 1.0147 on daily chart. The rise from 1.0147 could possibly be resumption of up trend. Further rally to 1.0800 area is possible in next few day. Initial support is at 1.0300...
No changed in our view, USDJPY is in up trend. Further rise to 110.00 area to reach next cycle top on daily chart is still possible. Initial support is at 106.55 and key support is at 103.87,...
AUDUSD is in consolidation to up trend. Further fall to test 0.9275 support is still possible in next few days, a break below this level will signal reversal to up trend. As long as 0.9275 support holds,...
GBPUSD is forming a sideways consolidation in a range between 1.9363 and 1.9852, and will move without trend in this range in next few days. As long as 1.9363 support holds, we’d expect up trend to resume...
Being contained by 1.5284 previous low support, EURUSD rebounded from 1.5302. The rise is treated as consolidation to down trend. Deeper decline to 1.5000 area is still possible, and down trend will be confirmed by breaking below...
Today’s US Dollar Trading• USD retreats from Friday’s gain• US data benign—points to more losses• Speculation grows that USD will fall Overnight Preview• Look for the USD to consolidate• Expect two-way action Looking Ahead to TuesdayAll times EASTERN...
