Tag - usd

Weekly Market Outlook: April 13-17
Weekly Market Outlook: April 13-17

The coronavirus, the oil deal and the upcoming economic data releases will move the market. Watch the video to find out how to use these topics in trading!

April 9: oil day
April 9: oil day

Most of the currency pairs are in a consolidation, oil is waiting for the OPEC+ deal.

April 8: USD moderately up
April 8: USD moderately up

Middle of the week, no big news, USD slightly up, GBP prone to weakness as the British PM still in ICU

EUR/USD: a temporary bottom
EUR/USD: a temporary bottom

On the H4, we can see that EUR/USD has found a temporary bottom in the 1.0770 area. The pair is now trading above the former short-term resistance line going down from March highs (1.0835).

OIL: status update
OIL: status update

So are Russia and Saudi Arabia going to strike a deal? And where is the US?

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

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