Weekly FX Recap: Profit Made [+70 pips] on the USDCHF as USD Sellers Take Control | 📊 Ross Mullins

💡Ross Mullins, Head of Trading at Market Traders Daily, delivered another critical winning trade on the USDCHF pair to his YouTube audience and Trade Room followers. He has lately dedicated hours and hours of analysis to highlight how relevant is the US Dollar Index (DXY) price action for retail and institutional traders. 💡On May 30th,…

US-China Trader Wars…What about the US Dollar pullback ‘NO’ one talks about | 💡 DXY

💡The media has been flooded non-stop with the US-China ‘trade talks’ later more headlines about Theresa May’s resignation, then how Uber failed investors (like we did not know about it), add Boeing covered stories and finally Trump’s impeachment rumors. But…what about the US Dollar pullback know one talks (care) about? Isn’t it a story that…

EURCHF: limited Swiss Franc appreciation; SNB ‘watching’ risk | eFXData [Boston]

Risk-off in the markets triggered ‘fly to safety’ -investors- added long CHF positions last week via eFXdata. SNB (Swiss National Bank) remains vigilant even when its benchmark interest rate walks at (0.75%). EURCHF 10-month ‘price rotation’ [1.1160/1.1500] limited downside risk and plenty of speculative upsides.   EURCHF Technical Levels | MT/LT To the downside, on the…

Weekly FX Recap: Bullish Dollar in the Driver’s Seat this Week against the Majors | 📊 Ross Mullins

💡The US Dollar refused to be defeated in a long and challenging week for retail traders with no room to go than adding long dollars against the Euro, Pound, and Canadian dollar. Gold faced a ‘punched in the face’ after clocking $1303 level and initiated a pullback below $1280 level. Before Week 20 in 2019…