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The fourth quarter was a tough one for USD bulls. The currency initially held a higher-low support bounce into October trade, but bulls were unable to re-test the highs, and that led to a very strong bearish reaction in November.
USD has both the rate advantage while also being the safe-haven, positioning the Greenback for continued gains into the end of the year.
The bullish USD trend turned a year-old last month. And it can be difficult to put into scope everything that’s happened since then but, just last May, DXY was grinding at the same 90 level that ha...
Gold prices head into the start of Q3 trading just above the objective yearly open with XAU/USD still holding multi-year uptrend support.
The Greenback set a swing high on the final day of Q1 2021 trade before reversing through the first half of Q2, eventually finding support around the same 90 psychological level that had held the l...