USD/CAD is fighting for the initiative near the correction high of the “Shark” pattern.
Tag - usd
The US dollar index has been suffering for the second day.
On Monday, the major American currency went down versus its counterparts, suppressed by a stronger UK pound in the wake of upbeat comments on a Brexit deal from the European bloc’s key negotiator Michel Barnier…
Do you want to get clues on the upcoming economic events?
After the June elections and the US president Donald Trump’s sanctions, Turkish lira became the object of interest for many investors and analysts…
Economic data have a great impact on the markets.
5 important things you need to know about this week!
On the daily chart, AUD/USD reached an important support at 78.6% of the long-term wave and 200% target of AB=CD.
On the daily chart, NZD/USD keeps forming a “Head and Shoulders” and AB=CD with a target at 161.8%.
On Friday, speeding up wage surge provided a moderate lift for the evergreen buck, thus offsetting the weekly loss for the USD index…
On the daily chart, the inability of bulls to lead EUR/GBP outside of the long-term trading range of 0.87-0.902 points at their weakness.
On the daily chart, EUR/USD is consolidating in the 1.1500-1.1850 range. A break of its upper border triggers AB=CD pattern with a target at 200% and will increase the risks of a “Shark” with a target