The US dollar index has been trading below the psychological level of $94.50.
Tag - usd
On the daily chart of XAU/USD, bears have tried to implement the “Shark” pattern
On the daily chart of USD/CAD, the “Three drives” pattern keeps forming.
On Monday, the evergreen buck slumped versus a currency basket, having reported its greatest weekly revenue for a month the previous week because market participants shifted their attention to American retail sales outcomes for June later in the trading…
Do you want to get clues on the upcoming economic events?
The US dollar started playing the role of a safe haven
A change in retail sales is one of the most important economic indicators for the US economy and the USD.
On Friday, the evergreen buck rallied to a 10-day maximum after American consumer prices data disclosed a build-up of inflation pressure, which would enable the Federal Reserve to have rates lifted up to four times in 2018…
On the daily chart, EUR/USD keeps consolidating in the 1.1515-1.1815 range. Bulls keep hoping to form a “Dragon” and a “Crab”.
On Thursday, the US currency was generally intact versus its counterparts…
The US dollar index is a little bit weaker today.
On the daily chart of USD/JPY, bulls managed to conquer diagonal resistance in the form of the upper border of the downtrend channel and lead the pair in the empty area.