US Dollar has been trading in a corrective phase across the board and it seems we can expect further consolidation below the 50 SMA at H1 chart…
Tag - usd
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.
AUD/USD has been gaining momentum across the board and the price action is consolidating well above the 200 SMA at H1 chart…
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 the daily chart, EUR/USD reached an interim target at 78.6% of the “Bat”. The pair formed an inside bar. A break of its upper border will increase the odds of a break above the diagonal resistance and a trigger of the “Shark” pattern.
On Wednesday, the US dollar index failed to close at $93…
The US Dollar has been extending the bullish bias above the 200 SMA at H1 chart, but the resistance level of 93…
Trading on Wednesday was rather active and chaotic: in many pairs, there were some sharp intraday reversals…
Recommendations: BUY 1…
On Monday, the US dollar managed to gain a foothold and rebounded after a 3-day fall…
Gold has been trying to consolidate its price action well above the 200 SMA at H1 chart and we can see that a corrective move could take place towards the Fibonacci level of 50% at 1313…