While the USD Cats Are Away, the European Mice Will Play
Taking advantage of falling crude oil prices, the greenback enjoyed some significantly strong gains earlier this week. But rising unemployment is opening the way for a drop against its counterpart currencies.
Majors Contemplating The Next Move After USD Hammers Them
The USD erased earlier losses with a 6.6% gain against the G7 countries. This is the first real set of gains the USD has delivered in quite a long time.
NZD/USD Staging a Legitimate Reversal
Of late, the ichimoku analysis is an increasingly talked-about subject among investors, especially in the forex market. TradingMarkets contributor, Chris Capre uses this classic function to characterize the USD market trend.
How Far Will the EUR, GBP and AUD Sell Off?
At closing on Tuesday, the euro lost against the dollar, which hit the highest since March. While the GBP sunk and the Australian dollar continued to retreat. Can the greenback’s latest surge change investor’s favor?
EURO, AUD and GBP at Critical Levels
The EURO fell to a session low of $1.50, the British pound tumbled against the dollar and the Australian dollar did likewise, futher fuelling economists’ forecast that the currenies are at crucial levels.
The 4 Staples of Interpreting Forex Price Action
If you want to get a true understand of the forex markets, one must overcome the challenges of Price Action. TradingMarket select Contributor Chris Capre provides some simple rules for interpreting price action for building solid trades.