Dollar steady ahead of data deluge; euro undervalued

Dollar steady ahead of data deluge; euro undervalued
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Dollar steady ahead of data deluge; euro undervalued
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Strategy: Flip 55 The Flip 55 is a trend-following strategy. This straight forward approach utilizes 2 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%. Recommended Timeframe This strategy is adaptable to various timeframes, including H1, H4, and Daily. Although it can be…
Markets Await Fresh Cues March 25, 2025 The weighted DXY dollar index hasn’t extended yesterday’s rise to a 2-week high but hasn’t fallen far back either, with overnight losses of 0.3% against the euro, 0.2% versus the yen and Aussie dollar and 0.1% relative to sterling and the Mexican peso but 0.1% upticks versus the…
Bitcoin (BTCUSD) Price Forecast: August 6 Today, the Bitcoin market is set for the next bull rally as we can see a new correction below the supply levels, indicating an attempt by the bulls to begin another journey up north. The coin price has begun to advance in an upward direction. This occurs after the…
China NBS Non-Manufacturing PMI down to 49.5 in November from previous 50.1 Source link
EURJPY erases some gains Stochastic and RSI head down EURJPY has found strong resistance near the 38.2% Fibonacci retracement level of the down leg from 175.37 to 154.40 at 162.30, which overlaps with the 50-day simple moving average (SMA). A downside movement may drive traders towards the 20-day SMA at 159.90 ahead of the 23.6%…
Crude Oil –07.02.2025 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link