Trading plan for July 4
On Tuesday, the US dollar index couldn’t break the psychological level at $95 again and turned to the support at $94.50.
Tag - usd
USD/CAD: loonie is starting to fight
On the daily chart of USD/CAD, the formation of the senior and junior AB=CD patterns provoked a pullback in line with the “Three moves” pattern.
Daily News: markets are up
The US dollar index is rising.
Greenback inches down, as common currency stabilizes
On Tuesday, the US currency slipped a bit versus its counterparts because the common currency managed to stabilize right after partners in the coalition in Germany stumbled over migration and it definitely threatened to have Chancellor Angela Merkel's…
Daily News: lots of news after the weekend
North Korea surprised again…
Weekly Forex Outlook: July 2-6
The USD index was at multi-month highs but once again failed to stay above 95…
AUD/USD: the aussie hunts the Shark
On the daily chart of AUD/USD, bulls are trying to counterattack and implement the “Shark” pattern with 88,6% target.
NZD/USD: the kiwi is going into the abyss
On the daily chart of NZD/USD, the pair is moving within the downward channel
Trading plan for July 2
The US dollar index couldn’t stick above $95 again.
Greenback strengthens against yen on US softer approach to Chinese investment
On Friday, the evergreen buck stood firm against the Japanese yen after Donald Trump clang to a softer stance on Chinese investment in American technology companies…
EUR/USD: will the euro tame a dragon?
On the daily chart of EUR/USD, bulls are for the second time trying to counterattack and trigger the reversal pattern a “Dragon”.
Greenback stands still as American economy speeds down
On Thursday, the evergreen buck’s recent rally versus its counterparts was compensated by poor American economic data that disclosed that the American economy expanded at a slower-than-anticipated rate in the first quarter of 2018…
