Tag - usd

Greenback hits a multi-month high
Greenback hits a multi-month high

On Tuesday, the evergreen buck managed to ascend to a maximum of 11 months, while the common currency went down after American leader Donald Trump threatened to put fresh tariffs on the import of China’s goods, driving traders’ worries that a trade…

USD/CAD: bulls are in control
USD/CAD: bulls are in control

On the daily chart, USD/CAD almost reached convergence area of 1.3275-1.33 (200% and 127.2% targets of junior and senior AB=CD).

Evergreen buck jumps
Evergreen buck jumps

On Monday, the evergreen buck managed to leap versus other key currencies in the face of a divergence of monetary policies of the United States and the European Union…

AUD/USD: bears are stronger
AUD/USD: bears are stronger

On the daily chart of AUD/USD, the pair couldn’t stick above the upper boundary of the downward channel that signals a bulls’ weakness.

EUR/USD: euro is on the edge
EUR/USD: euro is on the edge

On H1, EUR/USD is near the convergence area (88.6% target of a “Shark”). This increases the risks of a pullback towards 23.6%, 38.2% и 50% of the wave CD. Use the correction for selling.

Trading forecast for June 15
Trading forecast for June 15

Wednesday and Thursday were important days for the greenback and the single currency because of Central Bank’s meetings.

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