Stay updated with breaking news from Weekly Technical. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The US Dollar was mostly little changed this past week, but it did give up gains from early on. As the pair struggles around the 200-day moving average, a falling wedge is brewing on the 4-hour chart.
The odds that the US Dollar gained the most since March 2020 last Friday, the odds of that happening were about 0.1%. With new 2002 highs in sight, where too for DXY next?
The US Dollar climbed last week but was unable to resume the uptrend. Still, the broader technical posture remains cautiously bullish, with a rectangle chart pattern brewing.
The Canadian Dollar saw a mixed looking at a majors-based index. USD/CAD’s next move could depend on its performance around a key trendline. What are key levels to watch next week?
The US Dollar climbed against its major peers this past week, opening the door to extending gains. What is the technical road ahead for EUR/USD, AUD/USD, USD/JPY and GBP/USD?