Tag - usd

Weekly Forex outlook: June 11-15
Weekly Forex outlook: June 11-15

Have you missed changes that happened to the currency market last week? Do you want to get clues on future movements of the major currency pairs? Watch our Forex outlook on the past week’s trading and have a look at the main events of this week…

Trading plan for June 8
Trading plan for June 8

The US dollar index continues its downward movement. It tested levels below $93.30. The next support lies at $93.

Greenback slumps vs. euro ahead of G7 summit
Greenback slumps vs. euro ahead of G7 summit

On Thursday, the evergreen buck declined against most currencies of developed countries, including the common currency and the Japanese yen ahead of the G7 gathering at the level of heads of state and government in Canada…

USD/JPY: yen can strengthen
USD/JPY: yen can strengthen

On the daily chart of USD/JPY, the “Shark” pattern is transforming into 5-0. After a correction to 50% of the wave CD, an advance above May high will open the way up to the pair.

Trading plan for June 7
Trading plan for June 7

Although Wednesday’s US economic data were positive, the greenback continues to lose positions.

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