The dollar index opened with gap-higher on Monday (up 1.1%), lifted by threats of trade war after US President Donald Trump imposed tariffs on imports from Canada, Mexico and China. Two top US trading partners, Canada and Mexico immediately announced the counter measures, while China will look for assistance from World Trade Organization. Although the […]
The post Dollar Surges Across the Board on US Trade Tariffs appeared first on Action Forex.
Daily Pivots: (S1) 154.34; (P) 154.78; (R1) 155.64; More… Intraday bias in USD/JPY remains neutral as range trading continues above 153.70. Deeper fall is mildly in favor as long as 156.74 resistance holds. Break of Read more…
Daily Pivots: (S1) 0.9083; (P) 0.9099; (R1) 0.9129; More… Intraday bias in USD/CHF remains on the upside for 0.9200/9223 resistance zone. Decisive break there will carry larger bullish implication. Next near term target will be Read more…
Daily Pivots: (S1) 1.2361; (P) 1.2416; (R1) 1.2447; More… Intraday bias in GBP/USD Is turned neutral first with current recovery. While corrective rebound from 1.2099 might extend with another rise, strong resistance should be seen Read more…