Bullish USD/CAD is held by daily resistance
At the end of this week, USD/CAD pair is still in the bullish zone.
Tag - usd
USD/JPY: yen is hunting for crabs
On the daily chart, bears are trying to keep USD/JPY inside the long-term downtrend channel.
Daily News: the USD is going down
The US dollar index is lower today moving to 96.50. On Wednesday, the index tested levels near 97 but couldn’t stick there.
Trading plan for Aug 16
The USD index rose to the highest level since June 2017 on Wednesday but then pulled back on Thursday.
Evergreen buck sticks with 13-month maximum
On Thursday, the major US currency kept bargaining near a 13-month maximum because the political downtime in Turkey receded, while worries as for China's economic health kept backing safe-haven assets…
Greenback reaches 13-month maximum
On Wednesday, the evergreen buck rose to its highest value for over a year because a crisis in the Turkish lira, which affected emerging markets, drove demand for the US dollar as a safe-haven asset…
GBP/USD: pound is suffering
On the daily chart, GBP/USD is forming a “Spike and reversal with acceleration”.
USD/CHF: franc showed weakness
Recommendation: BUY 0…
Will the GBP beat the USD or the EUR?
Increased worries about the no-deal Brexit pulled the pound down.
US retail sales will drive the USD
There are several important economic indicators released in the United States every month.
Daily News: mixed moves
The US dollar index has been showing mixed moves.
USD/CAD: sellers lost the initiative
On the daily chart, bears tried to form “Three Indians”, 1-2-3 and “Bat” with 88.6% target but failed to bring USD/CAD to an important support at 1.2925.
