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EURUSD - US inflation doubts continue to affect the dollar
During the first quarter of the year the trend in the dollar index was positive, but the months of April and May saw it lose 2.11% and 1.40% respectively.
EURUSD weekly Double Top Pattern at 1.2243 resistance [Video]
Watch the video for a summary of today’s news releases, a review of the USD Index, and complete Top Down Analysis of the EURUSD. Weekly support at 1.1704, resistance at 1.2243. On the weekly chart we ...
Will commodities be the best investment of 2021?
Commodities look set to dominate as the world struggles to get back on its feet following the COVID-19 pandemic. Copper and gold both thrived during the pandemic, and demand for crude oil is pushing u ...
USD/CAD - Canadian Dollar Sinks Despite Oil Price Surge
Previous Close: 1.2159 WTI Oil is at $71.50 and gold is at $1,851.10. US markets are mixed today. For today, USD resistance is at 1.2185. Support is at 1.2123. - WTI oil prices add ...
EUR/USD extends short-term bearish tendency to 50-SMA [Video]
The RSI has inched below its 50 neutral level, the MACD continues to decelerate below its red signal line, and the Ichimoku lines (Tenkan-sen & Kijun-sen) are set to mark a bearish intersection again ...