Tag - usd

On Tuesday, the evergreen buck bounced off a one-month minimum versus Japan’s currency because a selloff in global stocks relived, while the New Zealand dollar managed to surge after positive inflation data overnight…

On the daily chart of XAU/USD, the pair left the downward channel and reached targets of the “Spike and ledge” pattern.

On the daily chart of USD/CAD, the pair is reaching targets of the “Wolfe waves” pattern.

On Monday, the evergreen buck slipped due to the fact that US retail sales data for September missed analysts’ hopes, and as benchmark American Treasury yields stabilized after the previous week reaching their highest value for seven years…

Do you want to get clues on the upcoming economic events?

On the daily chart of NZD/USD, the 0.652 level (78.6% of the long-term upward wave) will determine the further direction of the pair.

On the daily chart of AUD/USD, the pair is trying to break above the 0.7107 level (78.6% of the long-term upward wave).

It seems like this week is about CPI and Brexit, although there is more news!

Let’s have a look at the events that will affect market moves.

On Friday, the greenback kept to its lowest value for October versus its key opponents because diving American treasury gains as well as further dips on Wall Street affected market sentiment…

On the daily chart of EUR/USD, bears couldn’t pull the pair below the support at 1.1445 (50% of the upward long-term wave). As a result, bulls took the initiative.

Get fresh ideas on GBP/USD, EUR/USD and USD/CAD trading and be updated with the situation on the market!