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Quick and informative market overviews and trade ideas
Have you missed changes that happened to the currency market last week? Do you want to get clues on future movements of the major currency pairs? Watch our Forex outlook on the past week’s trading and have a look at the main events of this week…
Although Wednesday’s US economic data were positive, the greenback continues to lose positions.
The US dollar index found support around 94…
The US dollar index is falling. It is trading below $93.80. The support lies at $93.55.
The USD index spiked to resistance at 95…
Oil is always an interesting topic to discuss. Other markets may be steady, however, the oil one never is.
Do not miss live webinars on Fibonacci analysis with FBS analyst Felipe Erazo, where we try to look for trading opportunities with the help of this powerful tool…
US dollar experienced a correction…
The US dollar index reached the psychological level of $95, however, couldn’t stick there and lost some pips. Tuesday’s consumer confidence data was weaker than the forecast.
The US dollar managed to rebound after Monday’s morning fall. The US dollar index is at a new high of $94.40 now.
Fundamental and technical analysis of EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, EUR/GBP, NZD/CAD, AUD/JPY, and GBPJPY…
The US traded in the positive territory but had trouble with moving much higher.
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