Tag - forex signals

Trading plan for June 8
Trading plan for June 8

The US dollar index continues its downward movement. It tested levels below $93.30. The next support lies at $93.

Trading plan for June 7
Trading plan for June 7

Although Wednesday’s US economic data were positive, the greenback continues to lose positions.

Trading plan for June 5
Trading plan for June 5

The US dollar index is falling. It is trading below $93.80. The support lies at $93.55.

NZD/USD: the kiwi met a dragon
NZD/USD: the kiwi met a dragon

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.

AUD/USD: the aussie strives forward
AUD/USD: the aussie strives forward

On the daily chart of AUD/USD, after the pair reached 88.6% target of the “Shark” pattern, it rebounded to 23.6%, 38.2% and 50% of the CD wave within its transformation to 5-0.

Trading plan for May 30
Trading plan for May 30

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.

 Trading plan for May 23
Trading plan for May 23

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.

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