Forex
Forex Free Trading Tips
Monthly archive May, 2017
DXY: USD Index Heading Towards Daily Channel Limit; Levels & Targets – SocGen
Societe Generale FX Strategy Research notes that the USD Index (DXY) has been undergoing a break below the upward trend drawn since 2014 (98.50/98.85) and a down slanting trend from December.
Such a pattern, according to SocGen, denotes that Read More →
CADJPY – Canadian Dollar Extends Recovery Above 82.00 Vs Yen
Key Points
- The Canadian Dollar after declining close to the 80.50 support against the Japanese Yen started a recovery.
- There CADJPY pair started an upside move, and broke a bearish trend line at 81.75 on the hourly chart.
- Recently in Read More →
Euro continues to take advantage of weaker USD, EURUSD hits fresh highs
USD remains weak and at 6-month lows, despite its attempt to attain higher levels this morning. Last week the US Dollar index (DXY) measuring the strength of the USD against a basket of currencies, lost over 2% from open to Read More →
USD: Biggest One Week Loss Since Nov; What’s The Trade? – TD
TD Research notes that the USD is set to post its biggest one-week loss since November amid a rise in political uncertainty and the associated risks to economic growth and policy implications.
"Our model shows market pricing Read More →