Forex flows
AUD/USD, Bitcoin, US Dollar, Dow Jones – Talking Points
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The Forex Guide to Fundamentals, Part2: Capital Flows & Interest Rates
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Three common currency-adjustment pitfalls
However, what will not be acceptable is any form of abuse of a personal or general nature. Respect others as you would like to be respected. Failure to do so will result in either a temporary ban of use or us cancelling your subscription altogether. Commodities like oil and copper appear to be set for further gains despite the stronger US Dollar.
Copper hit a fresh multi-year high on Tuesday as investors bet on a broad economic recovery and oil strength will likely remain underpinned by the severe weather in the United States. However, the pair may soon find support from a prior trendline that formed a Symmetrical Triangle — which gave way to a small breakout earlier this month — along with the If prices manage to break below the trendline, further losses may be on the cards.
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A retracement after breaking above a triangle pattern is not atypical, however, and prices may see a bounce higher from the prior resistance level. A move higher would see the 0. To contact Thomas , use the comments section below or FxWestwater on Twitter. DailyFX provides forex news and technical analysis on the trends that influence the global currency markets. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.
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