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USDCAD Shorts As Dollar Bears Gain Momentum
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter last week's rally by the bulls, bears are having one of their own for the Dollar. With that in mind, traders could see USDCAD head lower on an intraday level.
Yesterday bears were able to take the US Dollar Index (DXY) back to last…
Gold Longs Setting up as Dollar Resumes Drop
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is set to resume its push lower as price spent much of the week in consolidation. As a result, the Forex majors and as well as commodities like Gold should push higher.
After creating a mini range between 91.150…