USD made its way to higher ground in the final week of 2017, closing the year just above 1. Will it continue gaining ground in 2018? Inflation data stands out as volume fomc forex factory picks up once again. USD daily chart with support and resistance lines on it.
1445 is the June 2017 peak and immediate resistance. The next level of support is only 1. World markets are considerably up from lows during Asia trading hours. 2275 which has the SMA100-15m, the Fibo 61. BB one hour Middle, the SMA50, the SMA10-1h and more lines. USD is on the move, riding on the USD weakness that followed the FOMC minutes. EURUSD is trading lower for the last few weeks, away from 78.
USD had a more moderate week, ending on lower ground. 110, rising on US yields and also optimism after the Korean Summit. CAD consolidated its previous gains US yields pushed the greenback higher. However, the subsequent rapid rise that hit an overnight high of 1. The sharp up-move has shifted the immediate pressure to the upside and for the next few days, we expect EUR to stay underpinned. That said, it is too early to expect the start of a bullish phase even though a test of the year-to-date high of 1. After taking a short course about forex.
Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. However, the sharp and swift bounce yesterday came as a surprise. Downward pressure has eased and the 104. 55 low registered early yesterday is likely a short-term low.
USD has likely moved into a broad 104. 4244 yesterday before staging an impulsive decline that sliced through strong support levels with ease. The down-move was equally short-lived as GBP rebounded strongly from a low of 1. I can’t find or change my safe setting? Can Yahoo develope the option for Images to be viewed as a slideshow?
It would help instead of having to scroll through each image and make this Yahoo experience more enjoyable. Your search engine does not find any satisfactory results for searches. Past performance is no indication of future results. They are of the opinion that the data reported lags five days hence is invalid. But this is the big one. It confirms your long term bias in the market.