Trading plan for June 28
The US dollar index managed to recover and reach the psychological level at $95.
Tag - usd
Greenback goes down, yen leaps on strengthening trade fears
On Wednesday, the evergreen buck headed south against a group of the other key currencies…
Daily News: lots of data
More financial institutions have been worrying about trade war tensions…
How will the USD react to GDP release?
This is the third and the final release of American GDP growth in the first three months of the year.
GBP/USD: bulls met resistance
On the daily chart, the first attempt of GBP/USD to break above the downtrend channel failed.
USD/CHF: franc is consolidating
On H1 of USD/CHF, bears are testing the lower border of the uptrend channel. Success will increase the odds of triggering the “Bat” pattern with a target at 88.6%.
A chance to trade the USD
The United States will release durable goods orders at 15:30 MT time on June 27.
Daily News: trade war is a real threat
A lot of comments from authoritative financial institutions.
Greenback edges down versus yen on surging worries over trade clashes
On Tuesday, the evergreen buck went down versus the Japanese yen during the Asian trade because worries as for the intensification of the struggle between America and its trading partners kept reducing risk appetites…
USD/CAD: bears want revenge
On the daily chart, USD/CAD reached 127.2% and 200% targets of the senior and junior AB=CD. This increases the risks of a reversal.
Trading forecast for June 26
The US dollar index is trading near the psychological level at $94.
Weekly Forex Outlook: June 25-29
This is the weekly Forex report by FBS…
