Daily News: trade wars are weighing again
The US is said to impose new $200 billion tariffs on Chinese goods.
Tag - usd
GBP/USD is dreaming of a correction
On the daily chart, GBP/USD is trying to correct with the help of a “Three Indians” pattern from the area of 88.6% of the “Double top”.
USD/CHF: franc is waiting for a signal
On the daily chart, USD/CHF keeps consolidating in the 0.9855-0.9995 range in line with the “Spike and ledge” pattern.
Greenback extends early revenues
On Tuesday, the evergreen buck managed to extend early revenues versus a currency basket, thus sending the common currency down, while mixed GDP data along with and political instability put pressure on the UK pound…
Daily News: the USD is recovering
The US dollar index managed to recover.
USD/CAD: loonie learned 3 moves
On the daily chart, USD/CAD keeps forming “Three moves” pattern as well as “Spike and reversal with acceleration”.
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Weekly Forex Outlook: July 9-13
The USD index declined last week…
AUD/USD: bulls are out of their cage
On the daily chart of AUD/USD, bulls managed to counterattack and trigger the “Shark” pattern.
NZD/USD: bears won’t let the enemies closer
On the daily chart, NZD/USD reached 161.8% target of AB=CD and then pulled back.
Greenback goes down on soft American wages data
On Monday, the evergreen buck struggled near 3-1/2-week minimums versus its counterparts after American jobs data disclosed slower-than-anticipated wage surge, while the UK currency rebounded as a major member of Britain's cabinet dared to resign because…
Greenback slumps, as trade tariff clashes resume
On Friday, the evergreen buck inched down because the salvos of a trade conflict between China and America burst out…
