Tag - usd

The US dollar index strongly fell on Wednesday because of weak economic data.

On the daily chart of USD/JPY, a “Shark” is transforming into 5-0. Pullbacks towards 23.6%, 38.2% and 50% of the wave CD are usually used for opening long positions.

We have been seeing a huge action in the price of the USD/TRY pair across the board, after the measures taken by the Turkish Central Bank and the government by itself…

We have not had much action regarding the price of Bitcoin, although the 200-hour moving average continues to be maintained as dynamic resistance…

US dollar experienced a correction…

George Soros warns about another financial crisis. According to the legendary billionaire, rising anti-European Union sentiment, the disruption to the Iran deal, a soaring dollar and investors taking money out of emerging markets are adding up to bad news for the global economy.

On the daily chart, GBP/USD is showing a sustainable uptrend within the correction to the long-term bullish trend.

On the daily chart, USD/CHF is pulling back to the medium-term uptrend. Bears failed to form “Spike and ledge” and bulls returned the initiative.

NZD/USD is being offered below the 200 SMA at H1 chart and looks forward to break below the Fibonacci level of 65% at 0…

The Bitcoin received a fresh impetus on the support offered by the Fibonacci level of 78…

The US dollar index reached the psychological level of $95, however, couldn’t stick there and lost some pips. Tuesday’s consumer confidence data was weaker than the forecast.

The US dollar index is above $94.50. Today traders will pay attention to consumer confidence data (17:00 MT time).