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…
Tag: USD
Technical analysis of USDILS
Dollar-shekel (USDILS) has been somewhat volatile on the four-hour timeframe although this pair’s recent range on the dailies is mostly intact. We can point to 3.636 as high resistance and 3.565…
Interday technical analysis of USDCNH
The typical interday timeframe of the dollar against the offshore yuan renminbi (USDCNH; also erroneously called ‘USDCNY’) does not show a clear trend. Price on H4 has consolidated after last month’s…
Interday technical analysis of NZDUSD
Looking at the four-hour timeframe of the Kiwi dollar against the US dollar (NZDUSD), no overall trend is clear. Volatility has been fairly high over the past couple of weeks. The…
Interday technical analysis of EURUSD
The four-hour timeframe of euro-dollar (EURUSD) shows us an overall upward trend. However, the movement seems to have lost strength since the end of last week. The most important area on…
Intraday technical analysis of GBPUSD
The one-hour chart of pound-dollar (GBPUSD; ‘cable’) clearly shows us an overall small upward movement with relatively high volatility. Two levels of potential significance exist on the chart. The first is…
Interday technical analysis of USDJPY
Looking at the four-hour chart of dollar-yen (USDJPY), a recent upward movement with volatility is evident. As part of this direction, two significant areas can be identified on the chart. The…
Fundamental Analysis: Dollar down on Disappointing NFP
Today’s weaker NFP release has had a negative effect on the dollar this afternoon GMT. The figure of 75,000 was less than half of the consensus, 185,000. Other employment data from…
US-China Trade War Update: Talks Hit a Dead End
US President Donald Trump is once again dominating financial news after announcing a “no deal” in the latest US-China trade war talks. While the world’s financial news outlets are portraying the…
Fundamental Analysis: Weekly Dollar Roundup
The dollar has made some losses this week overall against various currencies. Data has mostly been slightly worse than expectations. However, the main factors were ongoing trade disputes between the USA…