Tag - usd

EUR/USD Holding After ECB Decision
EUR/USD Holding After ECB Decision

EUR/USD managed to rise for a very short period of time right after the ECB decision to as high as 1.1798 before declining and giving away its entire gains.

USD/CAD Reversal Pattern
USD/CAD Reversal Pattern

After a notable rally all the way to 1.28, USD/CAD dropped back to 1.2730 yesterday, confirming our outlook mentioned a few days ago about the need for a downside retracement before the upside trend resumes.

USD up, oil down / Trade ideas for July 19
USD up, oil down / Trade ideas for July 19

OPEC+ has finally reached a deal. The world's largest oil exporters will be slowly returning crude to the market. S&P 500 may test lower levels and the USD is rising as a safe haven as the delta covid-19 string is rapidly spreading.

Trade ideas for July 19-23
Trade ideas for July 19-23

We will remember the past week for the surge in the US inflation and the soothing comments of the Federal Reserve’s Chair Jerome Powell…

EUR/USD, Gold, GBP/USD, Stocks / Trade ideas on July 16
EUR/USD, Gold, GBP/USD, Stocks / Trade ideas on July 16

Moderna rocketed after an announcement that the vaccine maker is going to join the S&P 500 index. The New Zealand dollar surged after the nation’s inflation surpassed the central bank’s target level, moving New Zealand closer to an interest-rate increase. NZD/USD rocketed!

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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