Main Quotes Calendar Forum
flag

FX.co ★ Tips for trading USD

parent
Forex Analysis:::2023-05-24T08:09:57

Tips for trading USD

Tips for trading USD

Latest market signals show a possible surge in dollar demand in the near future.

As such, gold, which traded yesterday just a few points away from last week's low, showed a pullback, leaving a target at the level of 1951

Tips for trading USD

Euro also formed a double bottom yesterday, indicating that sooner or later, market players will return.

Tips for trading USD

Pound, on the other hand, found a great target level at the buyer liquidity at 1.23500.

Tips for trading USD

All this indicates that traders should prioritize shorting the aforementioned instruments, aiming for the targets shown in the charts above.

The trading ideas presented are based on the framework of the "Price Action" and "Stop Hunting" methods.

Good luck and have a nice day! Don't forget to control the risks.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...