The yuan is rising amid a weakening dollar On Monday, the yuan showed the most significant growth in two weeks, reaching 7.1363 per dollar, which is 0.4% higher than the previous day. This increase, the largest since the beginning of August, is due...
DOLLAR INDEX ANALYSIS #USDX August 16, 2024 The price movement shown shows a pattern of lower highs and lower lows, indicating that bearish forces are still dominating this market. From the chart, it is clear that the 103.40 level acts as a strong...
Current Market Conditions for AUD/USD: Bearish Sentiment and Target Levels Hi everyone and all forum members, The ongoing activity in the AUD/USD market shows that buyers are still active, prompting a re-drawing of the channel due to changes in the...
USD/CHF D-1 The first trading day of the new week was quite weak. I suggest considering the USDCHF pair - D1 period chart. The pair were not very active in the past week; they went up a little and down a little. Of course, the decline was a little...
BOLINGER BAND STRATEGY *Bollinger Band Strategy: A Comprehensive Guide* The Bollinger Band strategy is a popular technical analysis tool used by traders to identify volatility, trend direction, and potential buy and sell signals. Developed by John...