Trading plan for January 8
Canadian trade balance data is scheduled for today!
Tag - usd
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
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
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…
What do the monthly charts say?
Sometimes it’s worth analyzing big timeframes in order to get important trading hints…
Trading plan for January 4
Forex market started 2019 with extremely high volatility…
Weekly Forex Outlook: December 31-January 4
What opportunities the week will give us?
Trade the USD on the increasing volatility
The level of Non-farm employment change, also known as Non-farm payrolls or NFP will be released on January 4, at 15:30 MT time.
Trading plan for December 28
Find out how to trade the antipodean currencies on the market sentiment today!
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.
NZD/USD: the downtrend is on
The pair recoiled down from the 50-day MA at 0.6750 and closed below 50% Fibonacci at 0.6715.
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.
