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Back Fundamental analysis
American Dollar. Weekly Preview
The American dollar has been feeling
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The American dollar has been feeling quite well in recent weeks, but the market is all about waves and cycles. After a bullish cycle, a bearish one follows, and trends depend on the strength of each cycle. For the EUR/USD instrument, we have seen a complete five-wave trend segment, so it is now permissible to expect the formation of a bullish segment. Can the American news background support the euro and pound against the dollar? Let's sort it out.Last week,
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Chin Zhao,
Analytical expert of InstaForex
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