Forex today: the USD continues to plunge
The US dollar index is lower and lower. It is trading near $93.65.
Tag - usd
GBP/USD: pound is returning to life
Recommendation: BUY 1…
Mexico’s ready to impose a 20% tariff on pork from the USA
Mexico is on the verge of imposing a 20% tariff on imports of pork from the United States…
Forex today: no significant movements
On Monday, the US dollar index tested lows near $93.60. Tuesday’s trading isn’t extensive, but the index is at $94.
Common currency leaps vs. greenback
On Monday, the common currency ascended versus the evergreen buck in the face of the tumbling American currency notwithstanding the dismal data on the Sentix investor confidence indicator of the eurozone because financial markets were already set for a…
Trading plan for June 5
The US dollar index is falling. It is trading below $93.80. The support lies at $93.55.
Evergreen buck becomes cheaper than common currency
On Monday, the evergreen buck dived versus the common currency after Friday’s rally on firm data on the American labor market…
Weekly Forex Outlook: June 4-8
The USD index spiked to resistance at 95…
Forex today: the USD is falling again
The US dollar index is falling again. It has tested levels below $94. No important data will be released today. The support lies at $93.70.
NZD/USD: the kiwi met a dragon
On the daily chart of NZD/USD, after the pair reached the 88.6% target of the “Bat” pattern, it rebounded to 23.6%, 38.2% and 50% of the CD wave.
AUD/USD: the aussie strives forward
On the daily chart of AUD/USD, after the pair reached 88.6% target of the “Shark” pattern, it rebounded to 23.6%, 38.2% and 50% of the CD wave within its transformation to 5-0.
EUR/USD: euro is breaking a trend
On H1, the inability of bulls to return EUR/USD inside the downtrend channel or break resistance at 1.1715, will increase the risks of getting to 161.8% target of the “Shark”.
