US DOLLAR FORECAST – EUR/USD, GBP/USD, AUD/USD The U.S. dollar extends losses, sinking to its weakest point since early August Meanwhile, EUR/USD, GBP/USD and AUD/USD break out to the topside, clearing key price levels in the process This article focuses on the technical outlook for top forex pairs Trade Smarter – Sign up for the
US DOLLAR OUTLOOK – EUR/USD & USD/JPY The broader U.S. dollar was flat on Monday, but volatility could pick up in the coming trading sessions, with several high-impact events on the calendar The focus will be on U.S. PCE data, ISM manufacturing results and Powell’s public appearance later in the week This article explores the
Share: The Euro maintains the bullish stance against the US Dollar. European stocks trade mostly on the defensive on Monday. ECB President Christine Lagarde to speak later in the session. The Euro keeps the bid bias unchanged against the US Dollar, motivating EUR/USD to flirt with the area of recent peaks around 1.0960 at the beginning of
Market Week Ahead: Gold Tests $2k, GBP/USD, EUR/USD Pop, USD Sags Markets remain risk-on with a range of US equity markets posting fresh multi-month highs. The VIX ‘fear gauge’ is at lows last seen at the start of 2020 and has fallen in excess of 46% from its late-October spike high. The growing feeling that
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
DXY, EUR/USD, GBP/USD PRICE, CHARTS AND ANALYSIS: Most Read: Bitcoin Steady as Coinbase (Coin) Emerges as Winner from Binance Saga Recommended by Zain Vawda The Fundamentals of Trend Trading US DOLLAR FUNDAMENTAL BACKDROP The US Dollar Index (DXY) has struggled to maintain the upside momentum it gained over the last 2 days. This could in