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...
The dollar index (DXY00 ) fell to a 1.5-week low on Monday and finished down by -0.65%. The dollar gave up overnight gains and turned lower as stocks rallied sharply after President Trump postponed attacks...
The dollar index (DXY00 ) fell to a 1.5-week low today and is down by -0.69%. The dollar gave up overnight gains and turned lower as stocks rallied sharply after President Trump postponed attacks against...
June Swiss franc futures present a selling opportunity on more price weakness.
Takeaway for Canadian dollar traders: don't rely on a single narrative. Oil, interest rates, and risk sentiment are all pulling USD/CAD in different directions. That's where opportunity—and risk—live....
EURUSD has rotated back into balance after failing to sustain its January breakout, as stronger United States data and a repricing toward a higher for longer stance from the Federal Reserve have supported...
Metals are moving sharply to the downside, while stocks are also coming under pressure, so it looks like there is more capitulation happening, especially in metals. Still, when we see such moves early...