Gold-dollar (XAUUSD) hasn’t moved significantly upward this week, with price entering what seems to be an accumulation or perhaps distribution phase. Next week’s most important resistance will …
Fundamental Analysis: Slight Data-Driven Gain for the Peso
The Mexican peso has made limited gains so far today after a number of fairly strong economic figures this week. A degree of optimism on trade has also given some support to emerging currencies like …
Continue Reading about Fundamental Analysis: Slight Data-Driven Gain for the Peso →
Technical analysis of USDMXN
The four-hour chart of dollar-peso (USDMXN) shows us a fairly long period of sideways movement over the past few weeks. The breakout downward late last week in the aftermath of the Fed’s meeting was …
Fundamental Analysis: Ruble Volatile on Data and New Threat of Sanctions
The ruble has been quite unstable against the dollar in today’s session after weaker GDP data. A bloc of American representatives also threatened new sanctions on Russia, heightening volatility. …
Continue Reading about Fundamental Analysis: Ruble Volatile on Data and New Threat of Sanctions →
Technical analysis of USDRUB
In keeping with many other pairs of which the dollar is a constituent, dollar-ruble (USDRUB) has moved sharply downward this week. Based on events yesterday, this symbol appears to have broken out …
Fundamental Analysis: USDILS Drops after a Dovish Fed
The Israeli shekel has continued to make gains against the dollar in today’s session so far. While the Fed’s dovishness gave some fuel to the move, the main catalyst was better data from Israel. On …
Continue Reading about Fundamental Analysis: USDILS Drops after a Dovish Fed →