On the daily chart of AUD/USD, the pair couldn’t stick above the upper boundary of the downward channel that signals a bulls’ weakness.
Tag - forex signals
On the daily chart of NZD/USD, bulls couldn’t break the resistance at 0.706 and pull the pair out the downward channel that signaled their weakness.
Wednesday and Thursday were important days for the greenback and the single currency because of Central Bank’s meetings.
The US dollar index can’t break the psychological level at $94…
Recommendations: SELL 1282 SL 1297 TP1 1252 TP2 1244 TP3 1215 BUY 1308 SL 1293 TP1 1325 TP2 1335 TP2 1349 On the daily chart of XAU/USD, the 1282-1308 consolidation continues…
On the daily chart of USD/CAD, bears tried to return the pair to the triangle many times but failed.
On the daily chart of NZD/USD, bulls managed to pull the pair out of the downward channel.
On the daily chart of AUD/USD, bulls failed to return the pair to the long-term upward channel.
The US dollar index continues its downward movement. It tested levels below $93.30. The next support lies at $93.
Although Wednesday’s US economic data were positive, the greenback continues to lose positions.
The US dollar index is falling. It is trading below $93.80. The support lies at $93.55.
On the daily chart of NZD/USD, after the pair reached the 88.6% target of the “Bat” pattern, it rebounded to 23.6%, 38.2% and 50% of the CD wave.