Tag - usd

Evergreen buck inches down for a third day
Evergreen buck inches down for a third day

On Monday, the evergreen buck kept diving for a third day in a row versus its counterparts on soaring bets the Federal Reserve will press the pause button on its rate lift cycle in the near months…

USD/BRL is breaking down
USD/BRL is breaking down

The picture on W1 looks very much like the “Head and Shoulders” with the neckline at 3.68 or 3.56.

Evergreen buck struggles on Powell’s remark
Evergreen buck struggles on Powell’s remark

On Friday, the evergreen buck struggled for direction due to the fact that Fed Chair Jerome Powell came up with a statement that he would have the balance sheet changed if required…

USD/ZAR: a trade idea
USD/ZAR: a trade idea

The pair broke above the resistance line going through October highs but then was stopped by the 50% Fibonacci at 14.6380.

EUR/USD: the euro is getting stronger
EUR/USD: the euro is getting stronger

On the daily chart of EUR/USD, bulls try to break the upper border of the 1.1265-1.1445 consolidation range, which was formed as a part of the "Spike and Ledge" pattern's implementation.

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