Tag - usd

May 18: WTI oil is above $30
May 18: WTI oil is above $30

The week started with a poor data from Japan. Stocks rally, WTI oil price is above $30, gold is headed to 1800.

USD/JPY tested support
USD/JPY tested support

USD/JPY has returned below the 50-day MA as the market’s risk aversion increased. It seems that the market has formed an interim top.

May 13: what will Powell say?
May 13: what will Powell say?

Traders await the speech of the Fed's Chair Jerome Powell. The USD is under pressure. Watch the video to get the outlook for the major currencies today!

May 12: cautious market
May 12: cautious market

Investors are weighing in the potential of the second wave of the virus hit, the movement across the Forex market is relatively cautious.

EUR/USD rebounded from support
EUR/USD rebounded from support

EUR/USD recovered from the March-April support line and formed a “Piercing line” candlestick pattern on the D1.

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

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