Weekly Forex Outlook: July 2-6
The USD index was at multi-month highs but once again failed to stay above 95…
Tag - usd
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…
Daily News: the USD is above $95
On Wednesday, the US dollar index finally managed to close above $95…
USD/JPY: yen got lost
On the daily chart of USD/JPY, the inability of bears to pull the pair below the uptrend channel points at their weakness.
Gold dives as trade war worries relieve
On Wednesday, gold edged down because the evergreen buck managed to strengthen, while trade tensions relieved…
Trading plan for June 28
The US dollar index managed to recover and reach the psychological level at $95.
Greenback goes down, yen leaps on strengthening trade fears
On Wednesday, the evergreen buck headed south against a group of the other key currencies…
