The US Dollar is regaining upside moment against the backdrop of Fed hawkishness, quantitative tightening and market volatility. Another tight non-farm payroll report may offer the same. The daily price of Dollar Index (DXY) is located above Ichimoku cloud in the bullish area of the chart: the price is trying to break the bullish triangle pattern with resistance level at 109.21 to above for the bullish trend to be continuing; alternatively, the ...
EUR/USD goes into the week with markets knowing the Fed's aggressive outlook while the EU continues to be plagued by an energy crisis as we head into winter. more...
Following Jerome Powell's hawkish Jackson Hole speech, USDCAD points higher toward 1.3100. Upside could be limited on oil strength. Daily price is on ranging near and inside Ichimoku cloud for trying to break the bullish triangle pattern to above for the primary bullish trend to be resumed. more...
The Australian Dollar had a whippy week after Chinese stimulus plans were over wrought by a Federal Reserve that got tough talking around a campfire in a ski resort. The daily price is on ranging within Ichimoku cloud waiting for direction of the bearish trend to be started or the bullish reversal to be resumed. more...
Go to Profile
Mark as Read