Tag - usd

Trade ideas for May 31-June 4
Trade ideas for May 31-June 4

The market is preparing for an active week. Have a look at the trading instruments with the most interesting potential!

USD Index is Testing Trendline
USD Index is Testing Trendline

The US Dollar Index tested the higher line of its downtrend channel on the daily chart but failed to breakout, following the disappointment of the 2nd reading of Q1 GDP.

USD/CHF: approaching the bottom?
USD/CHF: approaching the bottom?

The US Dollar has been losing value against the Swiss franc for more than a month now. Let's examine where it might be going.

Gold and S&P 500 getting relaxed
Gold and S&P 500 getting relaxed

After reaching key psychological levels, the gold price and the S&P 500 ceded some of the gains to cool down. However, they are still following bullish trajectories.

Gold and the S&P 500 crossing key resistance levels
Gold and the S&P 500 crossing key resistance levels

The gold price and the S&P 500 go beyond important psychological levels sharing bullish vibes across the markets. In the meantime, WTI oil trades at local highs, too, in the hopes of an upbeat outlook to come from the OPEC meeting next week.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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