Dollar bounce back during the week, according to Fed rate would

20 0 0
The dollar closed last week with gains, a move that left the door open for a technical rebound; the bullish momentum would be associated with international risk scenario and correction of oil            
Oil             moved away from USD50 amid China slowdown and the strong dollar, despite the market expects rates to remain stable after the weak jobs data, Brexit has led to the purchase of risk free assets and strength in the US currency.

Oil             started the week USD48,31 which increases the likelihood of gains in the dollar, while the dollar remains over 2,940 is likely to climb to 3,040 and 3,050, the breakdown of the 2940 mean the continuation of the downtrend and fall to 2,870.

Wednesday's rate decision from the Fed force the breakup of the 3,050 as long as interest rates rises or comments that trigger international risk, otherwise vendors might appear between 3000 and 3050.

For now, wait a technical rebound until 3040 and shall evaluate the information to determine the profit taking or a 3.120 dollar. It should set a stop loss below 2,940.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out