This is Forex trading plan for Thursday, May 24…
Forex TV
It seems like the rally of the greenback has ended. On Monday, the US dollar index tested levels near $94, however, closed below $93.50.
Last week was highly positive for the US dollar, so, it managed to end the Friday’s trading above 93.50.
The week was positive for the greenback. The US dollar index managed to set new highs near $93.50.
On Wednesday, the US dollar index failed to close at $93…
Trading on Wednesday was rather active and chaotic: in many pairs, there were some sharp intraday reversals…
On Monday, the US dollar managed to gain a foothold and rebounded after a 3-day fall…
In the middle of the last week, the US dollar ended its rally and turned around…
The US dollar reached new highs since the end of 2017 last week but failed to stay there…
GBP/USD is currently trading within a tight range across the board and is on the way to make a break lower, but before that, we can expect further bullish corrective moves…
Here’s a Forex trading plan for Friday, May 11, 2018…
The greenback’s rally is continuing