Tag - usd

On the daily chart, USD/CAD bulls are trying to lead the pair out of 1.272-1.3 range within “spike and ledge”.

On the daily chart of NZD/USD, there is a 0.6855-0.6975 consolidation within the long-term downtrend.

Gold has been struggling to consolidate above the 200 SMA, following a strong offer zone found in the Fibonacci level of 50% at 1303…

The US dollar managed to rebound after Monday’s morning fall. The US dollar index is at a new high of $94.40 now.

Fundamental and technical analysis of EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, EUR/GBP, NZD/CAD, AUD/JPY, and GBPJPY…

The US traded in the positive territory but had trouble with moving much higher.

NZD/USD is looking for a clear direction in the short-term, as the technical indicators are showing a neutral stance…

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…

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

This is Forex trading plan for Thursday, May 24…