The week was positive for the greenback. The US dollar index managed to set new highs near $93.50.
USD/JPY: forecast for April 3-7
Technically, USD/JPY should remain under pressure of the daily Ichimoku Cloud and the dead cross of the 50- and 100-day Moving Averages.
The pound is highly volatile after a Brexit referendum. Have a look what other factors affect the UK currency. And get clues on future movements of GBP.
This is Forex trading plan for Thursday, May 24…
It seems like the rally of the greenback has ended. On Monday, the US dollar index tested levels near $94, however, closed below $93.50.