Browsing Tag

short term

Week ending February 18, 2022

AUD/USD: Although it ended the week on the best levels, the Australian dollar spent a second week in the green against the US dollar, up 0.8%. Longer term - the monthly timeframe - has depicted a downtrend since August 2011, suggesting…

Week ending October 1, 2021

CAD / USD: (Italics: previous analysis) Weekly deadline: Last week, a handshake with prime support at $ 0.6968-0.7242, in the form of a doji candle, points out that the previous decline is losing strength and an upward reversal could be…

DXY reaching a high resistance zone

Technical outlook in USDThe US Dollar Index (DXY) is agitated around a resistance line from SeptemberThe course of the price action here could shape both the short and medium termUS Dollar Technical Outlook: DXY Reaches Significant…