The US dollar is currently in a correction, but is likely to continue the trend down.
Tag - usd
USD/CAD formed a “gravestone doji” candlestick on the W1 ahead of the 50-week MA (1.3280). Learn more!
The market's sentiment has worsened and the RBA weakened the AUD. Watch the video to learn more about the major currencies!
The monetary policy statements by different major banks will be released, while we are awaiting more details regarding the US-China phase one trade deal.
The British pound has been enjoying itself versus the other major currencies during the past weeks. WIll the advance of the GBP continue?
Find out what influences the major currency pairs on Monday. Learn more!
If you want to know all the important highlights of the market, watch this video!
EURUSD in a correction, GBPUSD in the oversold zone and USDJPY testing the resistance
GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.
During the Asian trading session, the White House economic adviser Larry Kudlow announced the positive progress in phase one trade deal with China.
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
Market sentiment improved but for how long? Watch the video to discover the short-term prospects of the main currency pairs!