EUR/USD dropped today but this could be only a temporary decline. It’s traded at 1.1801 level at the moment of writing and it seems ready to come back higher. The Dollar Index has increased a little today, that’s why the pair has plunged. Technically, EUR/USD is somehow expected to increase after …
Gold In A Strong Support Zone!
Gold price is traded at 1,799 level above 1,793.69 today’s low. The yellow metal stands above a major demand zone, so an upside movement is possible. Technically, we need confirmation before considering going long on XAU/USD. The price of Gold could increase if the Dollar Index resumes its …
USD/CAD New Swing Higher!
USD/CAD dropped aggressively in the short term as the Dollar Index plunged as well. The pair has found support and now it tries to come back higher. DXY’s rebound helps the greenback to appreciate versus its rivals. The USD bulls ignored the US Unemployment Claims poor data. Today, the US Flash …
