The dollar index (DXY00 ) today rose to a 1-week high and is up by +0.05%. The dollar is slightly higher today as the risk of a protracted Iran war boosts safe-haven demand for the dollar. Also, today’s...
NZDUSD shows signs of completing a wedge pattern, suggesting a potential short-term bounce.
The dollar index (DXY00 ) on Thursday rose by +0.35%. The dollar rose on Thursday as doubts about whether a ceasefire in Iran will materialize weighed heavily on stocks and boosted safe-haven demand for...
The dollar index (DXY00 ) today is up by +0.19%. The dollar is climbing today as doubts about whether a ceasefire in Iran will materialize weigh on stocks and boost safe-haven demand for the dollar. ...
The dollar index (DXY00 ) on Wednesday rose by +0.22%. The dollar recovered from early losses on Wednesday and moved higher after Iran said it rejected the latest US peace proposal. Also, Wednesday's...
The dollar index (DXY00 ) today is up by +0.02%. The dollar recovered from early losses today and moved slightly higher after Iran said it rejected the US peace proposal. Also, today's US economic news,...
Looking at the daily chart, it also seems that the pair may have completed a higher degree wedge pattern, and we are now in a bearish phase that could resume to the downside after this current rebound....
The dollar index (DXY00 ) on Tuesday rose by +0.42%. The dollar moved higher on Tuesday as the ongoing war with Iran drags on, boosting safe-haven demand for the dollar. Also, Tuesday's +4% jump in crude...
The dollar index (DXY00 ) today is up by +0.38%. The dollar is moving higher today as the ongoing war with Iran drags on, boosting safe-haven demand for the dollar. Also, today's +3% jump in crude oil...
Technicals sometimes lead the real-world events - and that's what happened recently. Understanding WHY the rally is coming is still important, though.