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The dollar has too many tailwinds for a meaningful correction, Bechtel said, citing a tightening Federal Reserve, tax-driven dollar repatriation flows and strength in the U.S. economy.
Sterling climbed against the broadly weaker euro, after a Cabinet reshuffle alleviated some of the political uncertainty that has pressured the UK currency in recent months
Dollar index firmer, inches up from recent 3-1/2 month lows
* U.S. jobs data showed slower-than-expected rise in payrolls
* But market expectations for Fed policy outlook little changed
* Canadian dollar buoyed by Bank of Canada rate hike expectations (Updates prices, adds comments)
By Masayuki Kitano
SINGAPORE, Jan 8 (Reuters) - The dollar inched higher against a basket of major peers on Monday as data showing slower U.S. jobs growth did little to dent expectations for further Federal Reserve interest rate increases this year.
The dollar’s index against a basket of six major currencies rose 0.1 percent to 92.051, up from its Jan. 2 low of 91.751, which was its weakest level since Sept. 20.
Article Summary:Trendlines are a staple for technical Forex traders that can be used on any currency pair and on any time frame. Follow these 3 easy steps to drawing trend lines which is a powerful tool to time entries and exits of a trade. A trendline is probably the most basic tool in the technical trader's
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose 0.29% to 92.02 by 11:30 AM ET (16:30 GMT), up from its January 2 trough of 91.47, which was the lowest level since September 20.
trend lines humy market ki movement ka btati hai or hammy yah kaffi information daity hai ye hammy market ki price btati hai or hammy aram sa trafing krni cahiye...
Three Types of trendline in Forex trading when you performing a trade. First you. Find a downtrend then you draw around trend line. Downturn line show you market trend trend and sideway trend line and up trendline. These lines are so you're uptrend downtrend and Sideway Trend
je ya choti line he boath kuch hote ha jes har trader ko pta chalta ha ka us ka point kha ruka ya laga how ha us ka bagri trade nhi kr sakhta ha koi bhe tradiner ho line ka bariir trade nhi kr sakhta ha
Sar ap ne bahut achi post send ki hay q k hamrn trend line k bary men malom hona chaheye because trend line ki madad se traders technical studeis ko best trekhy se study kar sakrngy jis ki wjah se ham sb ko big profit mel sakta hay aur ye choti thinking hamary lye trading krne k lye bahut ahem hain because ye forex ki basics hoty hain in ki malomat k bena forex trading krna aur money making krna bahut deficult hay
Trend line ko follow karte hue hum bohatacha profit bna skte hain forex se up trend hai down trend hai or side way trend gold sab sezyda trend ko follow karta ha.
main nay apni journey kuch din pehlay he forex trading main start ki hai aor main nay 2 trends kay baray main he suna hai eak down trend ka aor eak up trend ka aor aagay main seekhny ki try karta rahoon ga.