Energies
About: Designer
Recent Posts by Designer
18 April 2022 – FX daily insight
Market News Summary U.S. dollar index (USDX) The U.S. dollar index traded up near 100.68 boosted by better-than-expected manufacturing data. However. The index remains strongly supported above 100.25 and heading up towards the resistance level of 100.75. Technical indicators show a slight fluctuation before during the day but remain to signal an advance towards 100.75.Continue Reading
15 April 2022 – Daily FX Update
Market overview U.S. markets close red before the holiday US dollar index grow higher Commodities are closed today FOREX U.S. dollar index (USDX) The dollar index rose 0.544% to 100.33 yesterday after earlier hitting 100.76, the highest level since April 2020. The dollar grew after data showed U.S. retail sales increased in March, mostly upliftedContinue Reading
15 April 2022 – FX daily insight
MARKET NEWS SUMMARY U.S. dollar index (USDX) The U.S. dollar index traded up yesterday amid positive sales data. However, the index gained nearly 1% touching the resistance of 100.4. Technical indicators show a slight retreat in the value towards the level of 100 but retain the strong uptrend later. PIVOT POINT: 100.40 S1 S2Continue Reading
14 April 2022 – FX daily insight
MARKET NEWS SUMMARY U.S. Dollar Index (USDX) USDX failed to break above the resistance level of 100.40, which caused the corrective movement towards the support of 99.40. Based on the chart pattern, the US dollar index should have a high possibility to bounce back as long as it is trading above 99.4. On the otherContinue Reading
14 April 2022 – Daily FX Update
Market overview U.S. Dollar weakening amid the inflation data EU ban on Russian oil might not occur Gold rallies above $1,970 Crude oil holds despite the supply data FOREX U.S. dollar index (USDX) The U.S. dollar weakened in early trades Thursday, retreating from a two-year high as the rally in U.S. bond yields paused forContinue Reading
