The US Dollar Index (DXY) continues to advance due to a lack of impactful US data and expectations of robust retail sales. Donald Trump’s comments on tariffs and the Federal Reserve’s independence. The DXY faces technical challenges, with the RSI in overbought territory, but the overall outlook remains bullish. Most Read: The US Dollar Index […]
Oct 23, 2024
EURGBP Wave Analysis
EURGBP reversed from key support level 0.8315 Likely to rise to resistance level 0.8375 EURGBP currency pair recently reversed up from the key support level 0.8315 (which reversed the pair multiple times in September) standing close to the lower daily Bollinger Band. The upward reversal from the support level 0.8315 created the daily Japanese candlesticks […]
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