DXY: On the H4, with price expected to reverse off the ichimoku cloud resistance, we have a bearish bias that price will drop from our 1st resistance at 102.900 where the 38.2% Fibonacci retracement and pullback resistance is to our 1st support at 101.832 in line with the 50% Fibonacci retracement. Alternatively, price may break […]
The post Technical Outlook and Review appeared first on Action Forex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. When you’re feeling drained — and it’s only the middle of Read more…
The UK private sector contracted sharply in April, with the flash PMI Composite falling from 51.5 to 48.2, the lowest reading in 29 months. PMI Manufacturing dropped from 45.3 to 44.0, a 20-month low. PMI Read more…
Gold pulls back after sharp rally to all-time high. Bearish candlestick pattern emerges; overbought signals confirmed. Sellers eye a close below 3,290 to target lower levels. Gold opened Wednesday’s session with a downside gap, extending Read more…