Tag - usd

Moderna stock jumped by 7% on good news about the company's vaccine. The USD is strengthening versus the EUR, and gold moved down on Tuesday because of the stronger greenback. Watch the video to get trade ideas for Wednesday!

EUR/USD traded within a tight range since the mid of last week with no significant action. However, the euro managed to test its major uptrend last week and hold well above that support.

Facebook skyrocketed on Monday, and oil prices fell on risk-off sentiment

The main events of the week are Non-Farm Payrolls (NFP) on Friday and the OPEC meeting on Thursday. Watch the video to get the fresh outlook for currencies, stocks, & commodities for the June 28- July 02 trading week!

US500 (S&P 500) had the best week since February as concerns that the Federal Reserve will raise rates eased. The most impressive gains were shown by Nike and Virgin Galactic. Brent oil is trading near $75.

The Bank of England held a meeting yesterday. The statement was more dovish than expected: there were no policy changes and no new hints about future rate hikes. After that, GBP/USD dropped to 1.3900.

The analysis of EUR/USD, EUR/GBP, and other assets

EUR/USD found support at 1.1845 and is currently trading just below the 61.8% Fibonacci retracement of the March-May advance at 1.1920.

The Bitcoin “death cross” has occurred: the 50-day moving average has crossed the 200-day moving average upside down, giving a bearish signal. The S&P 500 rallied the most in five weeks!

NZD/USD has returned above the 50-week MA at 0…

The week brings us events for the euro, the pound, and the stocks

The US dollar remains strong after Fed Bullard's comments. EUR/USD, GBP/USD, and XAU/USD try to find support and recover. What are the key technical levels? Watch the video to find out!