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…
The picture on W1 looks very much like the “Head and Shoulders” with the neckline at 3.68 or 3.56.
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…
Sometimes it’s worth analyzing big timeframes in order to get important trading hints…
Forex market started 2019 with extremely high volatility…
What opportunities the week will give us?
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.
Find out how to trade the antipodean currencies on the market sentiment today!
The pair broke above the resistance line going through October highs but then was stopped by the 50% Fibonacci at 14.6380.
The pair recoiled down from the 50-day MA at 0.6750 and closed below 50% Fibonacci at 0.6715.
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.
The New Zealand dollar has been suffering during the previous week, trading at November's levels. What did result in such a bad performance of the currency?
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!
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