Tag - market forecast

USD Index is Testing Trendline
USD Index is Testing Trendline

The US Dollar Index tested the higher line of its downtrend channel on the daily chart but failed to breakout, following the disappointment of the 2nd reading of Q1 GDP.

Why it's not the time for gold
Why it's not the time for gold

Gold managed to break above $1900/Oz during yesterday’s trading reaching as high as $1913/Oz. However, it failed to sustain these gains...

Is it time to sell EUR/USD?
Is it time to sell EUR/USD?

According to ING, EUR/USD is likely to dip further this week. So far, support at 1.1700 has been held, but the pair may break down to the low of 1.16 this week.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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