Tag - usd

Greenback is intact ahead of Fed gathering
Greenback is intact ahead of Fed gathering

On Wednesday, the evergreen buck stood still due to the fact financial markets waited for the conclusion of the Fed’s latest gathering, while the New Zealand dollar rallied versus the evergreen buck on a better-than-anticipated business confidence report…

Sell USD/CAD on recoveries
Sell USD/CAD on recoveries

Pullbacks towards 23.6%, 38.2%, and 50% of the wave 4-5 can be used for selling with 161.8% target of AB=CD.

US dollar moves down
US dollar moves down

On Monday, the evergreen buck lost versus its counterparts, suppressed by a stronger UK pound in the face of strengthening hopes of a UK-EU Brexit deal…

AUD/USD may rise to 0.74
AUD/USD may rise to 0.74

On the daily chart, AUD/USD stayed above the support at 0.7105 (78.6% of the long-term rising wave).

NZD/USD can get even higher
NZD/USD can get even higher

On the daily chart, bulls managed to lead NZD/USD outside of the downtrend channel. They are ready to trigger the “Shark” with 88.6% and 113% targets.

Gold will continue to consolidate
Gold will continue to consolidate

On the daily chart, we expect the price of gold to fluctuate sideways within the Symmetrical Triangle with resistance and support marked by the blue line.

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