The Dollar Elevated, but almost four-week lows due to Fed’s Dovish Stance
The Dollar Elevated, but almost four-week lows due to Fed’s Dovish Stance The Dollar was high on Friday Morning in Asia but ready for a fourth successive week of losses because the US Federal Open market Committee met this week and decided to keep interest rates steady, near zero. The U.S. Dollar Index traces […]
Xtreamforex Technical Analysis : 30-04-2021
Pound (1.3947) has been rising slowly. A break above 1.40 is needed for the pair to turn bullish and rise further towards 1.41-1.42 in the longer run. For now watch a rise to 1.40 to see if it manages to break above or faces rejection from there. […]
Commodities have recovered the movement seen yesterday.
COMMODITIES: Commodities have recovered the movement seen yesterday. Gold and Silver trade lower but needs to sustain above 1760 and 26 in order to move up again else a fall to 1740-1720 and 25 cannot be negated. Copper may test 4.40 before again rising back to higher levels. Crude prices may face rejection above current […]
Dow continues to remain mixed and continues to oscillate around 34000.
STOCKS : Dow continues to remain mixed and continues to oscillate around 34000. It has to get a strong follow-through rise from here to avoid a fall below 33500. DAX has dipped below 15200 and can come under pressure if it falls below 15000. Nikkei has dipped below 29000 and can go down towards the […]