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14 Aug 2017

USD/RUB accomplishes and closes below key SMA

There is a downside risk in USD/RUB implied by a rate cross below the 200-period SMA on a 4hr resolution.

Having traded above the key moving average for over 15 trading days at least, the signal should open the gates for move towards the 800-SMA.

Aug 14, 2017

EUR/SEK down move could be exhausted

US Dollar keeps highs near 93.40

Tracked by the US Dollar Index, the greenback manages well to keep business in the upper end of the daily range in the 93.30/40 band. US Dollar focus