EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – April 4, 2018

By:

Updated: Apr 4, 2018, 08:59 UTC

EUR/USD The pair has moved towards the lows of its range and the consolidation and the ranging continues in this pair. The euro is likely to await the

EUR/USD

The pair has moved towards the lows of its range and the consolidation and the ranging continues in this pair. The euro is likely to await the employment data from the US on Friday before it decides to make a move. …Read More

GBP/USD

The pair does not seem to have been impacted by anything that has been going on in the markets over the last few days as it continues to trade near the support region. The liquidity and the volatility is expected to pick up over the next few days which should decide the short term trend. …Read More

AUD/USD

The pair has received a boost as the trade war between China and the US hots up. The Aussie economy has been doing generally well over the last few weeks and this is beginning to percolate into the pricing of the Aussie. …Read More

USD/JPY

There has not been much action in this pair as it has been a slow and steady move downwards in this pair. Ever since the pair broke through the 108 region, we have been seeing the pair under the grip of the bears. …Read More

About the Author

Colin Firstauthor

Colin specializes in developing trading strategies and analyze financial instruments both technically and fundamentally. Colin holds a Bachelor of Engineering From Milwaukee University.