| The 200-day MA comes in at 1.3483. Watching 1.3517 as next target followed by the high from last week at 1.3541. |
You Might Also Like
The USD moves higher in early US trading as markets reacted data and OPEC. What next?
2023-11-30
Some technical breaks in the 3 major currency pairs are tilting the short-term bias in favor of the US dollar
WTI Crude Oil Technical Analysis
2023-11-29
Here’s a quick technical analysis on WTI Crude Oil with some fundamental background.
For more visit ForexLive.com
Platinum’s possible breakout | Market Outlook with Exness
2023-11-28
In this week’s Market Outlook with Exness, we see that platinum is poised for a potential breakout from its downward trend in the coming days, following a solid short-term rebound that countered its previous decline.
Current market dynamics for metals, platinum included, are heavily influenced by the Fed’s less aggressive stance in light of the USA’s easing inflation. However, this positive sentiment is somewhat tempered by reduced demand from China, attributable to its tepid economic climate.
Traders are keenly awaiting the release of the FOMC’s minutes on Tuesday night GMT, a pivotal moment that could significantly impact market movements.
Kickstart your forex trading on November 21 with a look at the EURUSD, USDJPY and GBPUSD
2023-11-22
USD is moving higher in early US trading
Tags: Featured,newsletter
