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US Dollar Outlook Favors Gains vs Euro, Aussie and Kiwi

US Dollar Outlook Favors Gains vs Euro, Aussie and Kiwi

Ilya Spivak, Head Strategist, APAC

Major Currencies vs. US Dollar

(% change week-to-date)

US_Dollar_Outlook_Favors_Gains_vs_Euro_Aussie_and_Kiwi_body_Picture_5.png, US Dollar Outlook Favors Gains vs Euro, Aussie and Kiwi

EURUSD: Continue Holding Short on Upswing

GBPUSD: Consolidation Continues Below 1.59

USDJPY: Trend Line Support Remains in Play

USDCAD: Prices Still Locked in Narrow Range

AUDUSD: Key Channel Support Finally Broken

NZDUSD: Rising Wedge Bottom Gives Way

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, send a note with subject line "Distribution List" to ispivak@dailyfx.com

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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