Browsing Tag

technical

USD Posts Modest Gains

The US dollar attempted to reverse the losses from last week on Monday, turning slightly bullish. However, price action was rather subdued. Investors will be looking towards the US retail sales report due later today. Following a strong…

Why Does Technical Analysis Work?

When it comes to either speculating or investing in the FX markets, there are two main approaches. The first is fundamental analysis and the other is technical analysis. Both these fields of study of the financial markets are different.…

USD At A Crossroads This Week

After the US Jobs Report outcomes, which came in much better than expected, estimates were rising that the Federal Reserve will still be able to raise the Fed Fund Rate in September and probably in December. Such outcomes and the notable…