The day didn't start well for the USD…
Tag - eur
The USD strengthened after better-than-expected retail sales figures…
The USD is awaiting retail sales data, there's active trading in the NZD, and the GBP is under pressure…
Technical analysis of EUR/AUD
Last week EUR/NZD tried to test levels above 1.70 but failed to hold there and ultimately closed at 1.6820.
There are a lot of important releases which will affect the Forex market this week.
Traders are cheered up by the economic figures from China, and the AUD and the NZD are hot now…
Traders are trying to make their mind about the USD…
It seems that EUR/CHF is having trouble with returning above 1.1150 (61.8% Fibo of the 2017-2018 advance; 50-month MA).
The USD has weakened after the Fed's comments…
Traders await the meeting of the Bank of Canada and the FOMC minutes…
The USD remains strong ahead of the Fed Chairman's speech…