usd

Today in forex trading the USD was strong after the news. All USD pair moved fairly strong on this basis. However, these were news-based movements only and we don’t see any trends present on the higher time frames. We would scale out lots or exit any USD strength trades from today. This complete...

Global markets ended last week on a mixed note rattled by uncertainty over the next moves of central banks. Overall, global markets continue to face uncertainty over the direction of interest rates, which are likely to lead the volatility in the near term. This week the economic calendar will...

Crude oil prices and precious metals registered solid gains while global stocks ended modestly higher last week after the NFP data. The much-anticipated US Non-Farm Payrolls (NFP) report came mixed. The United States announced that Nonfarm Payrolls increased by 187k in August, surpassing...

Global markets ended mixed on Friday after U.S. Federal Reserve Chair Jerome Powell acknowledged the possibility that the Fed might have to hike interest rates again during his speech at the Jackson Hole conference. After the speech, CME Group projected that there is a 20% chance that the Fed...

Last week global stock markets and commodities have been under pressure as investors remain concerned about the global economic outlook and uncertainty regarding the Fed’s future rate hike decisions also appeared to pressure market sentiment. This week economic weakness in China and renewed Fed...

Global markets ended mixed last week as investors remain concerned about the prospect of further monetary tightening by various central banks. This week central banks' rate hike expectations and concerns over China’s economic recovery continue to hang over markets and the bulk of economic data...

Today in forex trading the USD was strong, some of the cross currencies were weak. The USD/CAD moved higher on the D1 time frame trend. This pair has more upside to about the 1.3600 resistance area on the D1. This complete trading system along with our professional push alert systems are...

The previous week ended with a new wave of selling in stock markets. A new wave of selling was initiated after Fitch, one of the major credit rating agencies, downgraded the US credit rating. This move has significant implications for the financial markets and the global economy. There is a wide...

Global stocks and precious metals started the new week mixed as investors continued to bet on further Federal Reserve tightening to bring decades-high inflation under control after the latest economic releases from the US showed the US GDP growth exceeded expectations and durable goods orders...

Today in forex trading the USD was strong on all pairs. The USD/CHF moved up and the GBP/USD moved down on the smaller time frames. The movements were very good but these pairs are inside of layers and clusters of support/resistance, so we would exit. The EUR/USD dropped on the small-time...

US dollar index started the new week on a positive note and gold prices remain unchanged in today's early trade while Euro extended the previous week’s pullback. It's undoubtedly a huge week ahead and all eyes will be turning to the FOMC, BOJ and ECB meetings Federal Reserve monetary policy...

Global stocks, precious metals and commodities ended on a bullish note last week after the latest inflation numbers stoked hopes the next rate hike from the Fed in July could be the last one. US Inflation Rate slowed to 3.1% in June of 2023, which would mark a 12th consecutive month of falls &...

Today in forex trading the USD was weak, creating good price movement on all USD pairs. The EUR/USD moved higher and has broken out on the higher time frames, it has much more upside on the W1. The USD/CHF dropped on the D1 time frame. It has likely broken out on the larger time frames also with...

The US dollar pairs remain the centre stage of attention ahead of Wednesday’s US CPI report. The dollar index, which tracks the U.S. currency against six major peers has taken an even deeper plunge on Tuesday Morning dragged down by the speculation that the US Federal Reserve is nearing the end...

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. My suggestions are posted by 6pm EST each day. For The Forex Trading Coach clients...

Today in forex trading the AUD and NZD were weak starting in the Asian session. The GBP was weak in the main session, and the USD had some strength, so lots of movement. The AUD/USD dropped starting in the Asian session. This pair is continuing lower to the 0.6500 price target in our plans. The...

Today in forex trading the USD was weak and the NZD was strong. The NZD/USD moved up on the D1 time frame. Next resistance on this pair is at 0.6250-0.6300. The AUD/USD also moved high in the D1 time frame. The W1 uptrend might also be forming on this pair. If so this pair has much more upside...

Today in forex trading the NZD was strong and the USD had some weakness. The NZD/USD moved higher on the H1 time frame. Next resistance is at 0.6320 and this pair is ranging. The GBP/NZD dropped on the H1 time frame. This pair is in a strong uptrend so this looks like a short-term selloff, we...

Today in forex trading the USD was weak, creating some strong movements. The AUD/USD moved higher and looks like it has broken out on the D1 time frame trend. This pair has lots more upside if the D1 uptrend fully forms. Pairs like the EUR/USD and GBP/USD moved up also but these pairs are range...

If you want to trade the USD and see the USD strength clearly, set up all of the USD charts together and making pips gets much easier when the USD pairs all go in the same direction. Today the USD was strong ! See image. Technical indicators do not work ! https://www.forexearlywarning.com/