US Dollar Analytics
- USD/JPY’s rally from 139.57 resumed last week but retreated quickly after hitting 157.91. Initial bias stays neutral this week for consolidations. But outlook will remain bullish as long as 153.15 support holds. Break of 157.91 will target 61.8% […]
- Daily Pivots: (S1) 155.31; (P) 156.56; (R1) 158.68; More… Intraday bias in USD/JPY is turned neutral with current retreat and breach of 156.39 minor support. Some consolidations would be seen first, but further rally is expected as long […]
- Daily Pivots: (S1) 155.31; (P) 156.56; (R1) 158.68; More… Intraday bias in USD/JPY remains on the upside for now despite current mild retreat. Current rally is part of the whole rise from 139.57, and should target 61.8% projection […]
- Daily Pivots: (S1) 153.78; (P) 154.32; (R1) 155.38; More… USD/JPY’s break of 156.74 resistance confirms resumption of whole rally from 139.57. Intraday bias stays on the upside for 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 […]
- EUR/USD tried to resume the fall from 1.1213 last week […]
- Daily Pivots: (S1) 1.0333; (P) 1.0378; (R1) 1.0407; More…. Intraday […]
- Daily Pivots: (S1) 1.0333; (P) 1.0378; (R1) 1.0407; More…. Outlook […]
- Daily Pivots: (S1) 1.0292; (P) 1.0402; (R1) 1.0461; More… Intraday […]
- GBP/USD’s fall from 1.3433 attempted to resume last week by […]
- Daily Pivots: (S1) 1.2442; (P) 1.2554; (R1) 1.2614; More… Intraday […]
- Daily Pivots: (S1) 1.2442; (P) 1.2554; (R1) 1.2614; More… GBP/USD’s […]
- Daily Pivots: (S1) 1.2513; (P) 1.2621; (R1) 1.2679; More… Intraday […]
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- The USD/JPY pair pulled back from its highest levels since July, retreating to 156.50 following the release of US Personal Consumption Expenditure (PCE) data.
- The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, took a hit after soft Personal Consumption Expenditures (PCE) data was released during the European session.
- The Australian Dollar consolidates around 0.6200 on Friday as traders digest November’s US Personal Consumption Expenditures (PCE) inflation data.
- After suffering a sharp drop of more than 1% on Wednesday, the EUR/USD managed a minor rebound by the end of the week, adding 0.28% to trade near 1.0395 on Friday.
- The US Dollar (USD) is residing not far from its fresh two-year high of 108.55 that was hit during the Asian-Pacific trading session. The move was supported by rising US Treasury yields, widening the rate-differential gap with other countries. This means
- The GBP/USD pair rebounded towards 1.2540 after the release of US inflation data and the Bank of England's (BoE) monetary policy decision on Thursday.