Witnessing a steady decline during this week's trading sessions, the USD became weakened as traders unwound their Dollar-buy positions in exchange for riskier assets, such as stocks. The global stock rally seen yesterday may have been one of the leading causes in the Dollar's depreciation. With recent market optimism, traders may continue to see a small downward trend in the U.S. Dollar as its positions are unwound in exchange for higher yielding assets.

  • Forex Market Trends

  •  EUR/USDGBP/USDUSD/JPYUSD/CHFAUD/USDEUR/GBP
    Daily Trend

    /

    /

    /

    /

    /

    /

    Weekly Trend

    /

    /

    /

    /

    /

    /

    Resistance1.51001.670092.001.01500.93500.9105
    1.50651.667591.651.01250.93250.9085
    1.50301.665091.351.01000.93000.9055
    Support1.49751.660090.851.00300.92250.9000
    1.49501.657090.501.00000.92000.8975
    1.49201.654090.200.99750.91750.8950