What to expect this week
Tag - usd
To gain the ability to head higher, towards 1.3445, USD/CAD needs to overcome 1.3355 (61.8% Fibo of the May-July decline).
The economic calendar for the upcoming week contains a number of important events…
The USD is supported by the strong retail sales figures. The GBP has also managed to recover. What will be the next moves of the key currencies?
USD/TRY met resistance near the line connecting 2019 highs in the 5.62 area. This is also where the 50-week MA is capping the price.
The risk sentiment remains under pressure after the comments by China about the countermeasures against the US tariffs. Thus, the AUD/USD and the USD/JPY pairs will be under our attention.
Get the technical and fundamental analysis for EUR/USD, USD/JPY, oil and more!
USD/MXN is quite used to sideways trading. Is it time to buy or sell?
During the European trading session, both the US and the UK yield curves inverted.
Levels for Wednesday's trading
Although the US President decided to delay some tariffs on Chinese goods, the market's mood didn't improve much. Find out what has happened and how to trade on it!
The sentiment in the market gets better