USD is trading at around 95.10 for DXY, decreasing by 0.3% from the Friday level. EURUSD is trading near 1.1620. At the start of the day it increased to 1.1650 mark, but by the Europe opening it fell below 1.1600 due to the fact that the dollar was demanded on dips to 95.0 on DXY.
Bullish: The growth of the German business climate index to 103.8 from 101.7, the first growth after 9 months of weakening. Powell’s tempered comments, which increased the demand for risks.
Bearish: Support for the dollar on dips to 95.0 by DXY.
Next focus on: U.S. Consumer confidence Indicator will be published at 17:00 on Tuesday.
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
