Today’s USD Trading USD ends mixed GBP falls through support Today’s Economic Reports Consumer Confidence out at 62.3 Looking AheadAll times EASTERN (-5 GMT) 8:15am USD ADP Nonfarm Employment Change -60K 8K8:30am USD Advance GDP q/q 0.2%...
USDCAD formed a sideways consolidation in a range between 0.9987 and 1.0326. The fall from 1.0326 could possibly be resumption of the down trend. Deeper decline to test 0.9709 previous low support is still in favor and...
No changed in our view, USDCHF is in up trend. Further rally to 1.0600 area to reach the next cycle top on daily chart is expected in the next several days. Key support is at 0.9870, only...
USDJPY is in consolidation to the up trend. As long as 102.67 holds, we’d expect up trend to resume and further rally to 107.00 area is still in favor after consolidation. Key support is at 100.02, only...
The up trend line support is broken below, AUDUSD is forming a cycle top at 0.9541 on daily chart. Further fall to test 0.9205 key support is still possible in a couple of days, a break below...
GBPUSD traded in a range between 1.9599 and 2.0193 for several weeks. Rebound to 1.9950 area to reach the next cycle top on daily chart would more likely be seen before breaking below 1.9599 previous low. As...
EURUSD broke below the ascending triangle pattern and reached as low as 1.5539. Further fall to 1.5400 area to reach the next cycle bottom on daily chart is still possible in the next several days, and a...
Yesterday the greenback showed off a bullish trend against its major currency rivals. It went through a bullish volatile session vs. the EUR, yet it lost strength against the GBP and the JPY. Even though the USD...
Today’s US Dollar Trading • USD two-way, ends flat• GBP has higher volatility• Technical trade continues from AM Overnight Preview • Look for continued consolidation• Asia closed for Japan holiday
Overnight Asia/Europe • Greenback starts firm then falls in Europe• Lots of rhetoric from Europe• Technical trade dominates Today’s Economic Reports • None in the US
