Tag - usd

There is one thing that nobody tells newbie traders at the very beginning of their Forex career: it is not necessary to trade only the major currency pairs in order to get more profit…

On H1 of EUR/USD, bulls want to trigger “Wolfe waves” pattern with a target at the line 1-4. At the same time, if the pair doesn’t leave the downtrend channel, their plans will fail.  

AUD/USD has been trading in a rebound made from the 200 SMA at H1 chart, which is helping to strengthen the bullish bias across the board and put the pair in the scenario to reach the Fibonacci zone of -23…

Thursday was also a day where bears dominated the price action in the cryptocurrency and now it seems that the spotlights are pointing towards the Fibonacci level of 78…

The US dollar is falling. On Wednesday, the greenback managed to test levels above $94, however, didn’t stick there and closed at $93.90.

On the daily chart of USD/JPY, after the pair reached 113% target of the “Shark” there was a natural pullback.

The bleeding of Bitcoin across the board is still latent and we have seen a break of the support level of 7587…

This is Forex trading plan for Thursday, May 24…

On Wednesday, the euro and British pound approached their five month-lows after the disappointing economic reports…

The US dollar managed to recover after a slight fall. The US dollar index is near $93.80.

US Dollar has been trading in a corrective phase across the board and it seems we can expect further consolidation below the 50 SMA at H1 chart…

The Bitcoin again managed to consolidate the price action below the 200-hour moving average and the support offered by the Fibonacci level of 123…