Trading plan for May 24
This is Forex trading plan for Thursday, May 24…
Tag - usd
British pound and euro dive after the release of weak economic reports
On Wednesday, the euro and British pound approached their five month-lows after the disappointing economic reports…
Forex today: risk-off sentiment is shaking markets
The US dollar managed to recover after a slight fall. The US dollar index is near $93.80.
US Dollar moving inside a corrective phase
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…
Bitcoin (BTC/USD) awaiting for clues to define the trend in the short-term
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…
Trading plan for May 23
It seems like the rally of the greenback has ended. On Monday, the US dollar index tested levels near $94, however, closed below $93.50.
US dollar index retreats from 5-month maximum
On Tuesday, the evergreen buck traded below the five-month maximum, taking a breather after the soar underpinned by soaring yields on US government bonds as well as easing tensions in US-China trade relations…
Forex today: the greenback is losing ground
It seems like the rally of the greenback has ended. On Monday, the US dollar index was below $93.50. Tuesday’s attempts to recover are not successful. The index is below $93.40. No important economic data will be released today.
AUD/USD could duplicate a bullish cycle
AUD/USD has been gaining momentum across the board and the price action is consolidating well above the 200 SMA at H1 chart…
Bitcoin (BTC/USD): on its way to re-test the $9,000 level?
During the weekend we could observe an erratic price action around the 200-hour moving average, where Bitcoin is trying to consolidate above in order to gain positions and resume the upward trend…
Trading plan for May 22
Last week was highly positive for the US dollar, so, it managed to end the Friday’s trading above 93.50.
Evergreen buck ascends amid weakening of trade fears
On Monday, the greenback kept soaring against the euro, yen as well as many other currencies amid the easing of fears of a trade conflict between China and the United States and a soar in the yield of US Treasuries…
