EUR/USD: Time For A Breakout?
The euro traded with a tailwind against the U.S. dollar pushing EUR/USD slightly above the 1.2250-resistance. Is it time for a breakout? Maybe, at least when looking at the EUR/USD chart in shorter time frames. Prices narrowed and are formatting a symmetrical triangle in the early morning hours that could predict upcoming price breakouts. A […]
Quiet Trading Environment
Trading in the Forex market was relatively quiet on Monday with the greenback slightly weakening against the euro and British pound. Elsewhere, traders were able to profit from larger movements. The DAX tested the area around 15600 and our long entry thus provided a good gain. Technically, the picture in both EUR/USD and GBP/USD has […]
U.S. Dollar profitiert inmitten der Krypto Volatilität
Der anti-Risiko U.S. Dollar verteuerte sich gegenüber anderen Währungen inmitten von Warnungen über eine breitgefächerte Neubewertung am Markt. Infolge der dramatischen Kursfluktuationen in den Kryptowährungen warnten Zentralbanker, dass Spekulationen in Aktien und Kryptowährungen eine Bedrohung für die Finanzstabilität darstellen könnten. Dies könnte die Wirtschaftserholung bremsen. Investoren flohen in sichere Häfen wobei der Greenback profitierte. Aus […]
U.S. Dollar Benefits Amid Crypto Volatility
The anti-risk U.S. dollar appreciated against other currencies amid warnings of a broad-based repricing in the market. Following the dramatic price swings in cryptocurrency assets, central bankers warned that speculation in stocks and cryptocurrencies could pose a threat to financial stability, derailing the global recovery. Investors fled into safe haven assets and the greenback benefited. […]
Daily Forex Signals
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Risk-On Mode Continues
And the market’s risk-on mode continues with the anti-risk U.S. dollar depreciating against other currencies. Consequently, we saw both euro and cable heading towards higher levels Thursday, slowly approaching overbought territory. While growth optimism is currently overshadowing the latest Fed minutes, we bear in mind that a Fed policy shift could happen sooner rather than […]
