Weekly Technical Forecast: A Concert Dollar, Dow and Gold Bull Trends Unlikely to Continue
S&P 500 holds key support, however, bearish divergence leaves index vulnerable. Dow Jones showing signs of exhaustion.
The Euro traded into support prior to the ECB on Thursday, following there was some volatility price action that resulted in a Long-legged Doji candlestick.
The US Dollar rallied throughout the week ahead of the highly-expected rate cut. But – what might the Fed say about the rest of 2019 and how will the USD respond?
weeks of consolidation at multi-year lows, GBPUSD would ultimately earn a bearish break on its short-term wedge. It seems another easy shove to a well-worn trend, but beware the reversal risks.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.