Keep an eye on the SPY. The gap open from last week at 120.78 is resistance. The AUDUSD rally is sharp but downside risk is large. The USDJPY pullback offers a long opportunity with tight risk. Read More Dollar Yen Pattern is Constructive after Pullback
The safe-haven US Dollar may trim recent gains as S&P 500 futures trim losses ahead of the opening bell on Wall Street, hinting risk appetite may recover. Read More FOREX US Dollar Pullback Hinted as SdanP 500 Futures Trim Losses
Read More Gold Pullback May Mark the Beginning of a Larger Down Trend
FXstreet.com (Barcelona) – The Japanese Yen gained strength in Europe, drifting decisively south… For more information, read our latest forex news. Read More Forex USD JPY pullback finds support at 8850
EURUSD: Upward Correction Likely Before Down Trend Resumes USDJPY: Selling to Resume Following Test of 90.00 Level GBPUSD: Remain Short as Prices Test Channel Support USDCAD: Futher Losses Likely on Trend Line Break AUDUSD: Bullish Correction Underway, 0.90 Figure Threatened NZDUSD: Channel Break to Promise Deeper Bullish Correction Read More US Dollar Betrays Hints of [...]
Forex futures and options markets show that traders have aggressively bet on and hedged against further US Dollar strength. We have claimed that this is indeed the US Dollar turnaround we had long been waiting for, and we accordingly remain bullish the US currency through the remainder of the year. Read More US Dollar at [...]
FXstreet.com (C?rdoba) ? Wall Street managed to ends with gains on Friday after spending most of… For more information, read our latest forex news. Read More Stocks rose on Friday in the US Dollar pullback from multiweek highs
After a swift breakdown below the key 1.0800 support/resistance level, price action on USD/CAD, a daily chart of which is shown, has pulled back up to approach a re-test of the breakout region. 8 Vote(s) Read More USD CAD Breakdown of 10800 and Pullback
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