USDOLLAR Continuation as EUR/USD, GBP/USD Fail at Resistance
The USDOLLAR's early week triangle has broken higher, and further gains appear on the horizon.
EUR/USD to Press Fresh Monthly Highs on Lackluster U.S. CPI
The EUR/USD may press fresh monthly highs over the next 24-hours of trade should the U.S. Consumer Price Index (CPI) drag on inflation/interest rate expectations.
Euro Bounce on PMIs Unlikely to Last, US Dollar at Risk on CPI Drop
The Euro may bounce on an upbeat set of PMI figures but follow-through seems unlikely. The US Dollar is vulnerable if a soft CPI print undercuts Fed rate hike bets.
USDOLLAR Outlook Mired by Downside Inflation Risk- CPI in Focus
The USDOLLAR may continue to hold the monthly opening range should the CPI print highlight a weakened outlook for inflation and drag on interest rate expectations.
Scalping the EURNZD Recovery- Interim Resistance 1.5980
The kiwi weekly opening range is set just below near-term resistance with a break to validate our scalp bias. Here are the updated targets & invalidation levels.