Even though the US Dollar weakened against most ASEAN currencies this past week, broader uptrends still remain in USD/SGD, USD/THB, USD/PHP and USD/IDR. Where to from here? Get your market update from ddubrovskyFX here:
The US Dollar weakened against the Singapore Dollar this past week. Still, USD/SGD’s uptrend since February still remains intact. Prices left behind a neutralabove the 38.2% Fibonacci retracement. This is a sign of indecision. An upside close could hint at resuming the climb towards the May high at 1.3986. Otherwise, confirming a breakout lower places the focus on the 50-day Simple Moving Average .The US Dollar also underperformed against the Thai Baht this past week.
This is maintaining the bullish outlook, though a breakout under the line could shift the view increasingly bearish. That would place the focus on the 50-day SMA below. Otherwise, uptrend resumption entails a push above the April 2017 high at 34.816. That would expose the 123.6% Fibonacci extension at 35.313.The US Dollar remained in a consolidative state against the Philippine Peso. Broadly speaking, USD/PHP continues to trend upwards within a Rising Wedge chart formation for almost a year.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
US Dollar Index drops to 3-week lows as bears regain confidenceThe greenback extends the bearish move and drops to new 3-week lows in the 102.60/55 band when tracked by the US Dollar Index (DXY) on Monday. US Doll
Leer más »
US Dollar Index: The 101.00-101.50 area could represent the bottom of the correction – INGThe US Dollar Index stays on the back foot. Nonetheless, economists at ING expect DXY to find support in the 101.00/50 region. Still feeling the long
Leer más »
Forex Today: Crypto Firmer, US Dollar Continues RetreatBitcoin Back Above $30k; Stocks Higher as Biden Mulls China Tariffs; US Dollar Weaker
Leer más »
US Dollar Reversal Persists, Technical Picture Looking WorryingThe technical picture for the USD is looking more troubled as the index extends losses below the 103 handle. Get your market update from JMcQueenFX here:
Leer más »
US Dollar Index auctions below 102.00 ahead of FOMC minutes, risk-on impulse activeThe US dollar index (DXY) is looking to extend its losses after violating Tuesday’s low at 101.65 as the soaring market mood has diminished the appeal
Leer más »
David Cronenberg on U.S. Politics: Canadians “Think Everybody in the U.S. Is Completely Insane”The Canadian director and stars Viggo Mortensen, Lea Seydoux and Kristen Stewart discuss his body-horror shocker 'Crimes of the Future.'
Leer más »