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31/05/2021 10:50:40 AM | Source: Swastika Investmart Ltd
Dollar gives up gains for week as markets digest economic data - Swastika Investmart Ltd
News By Tags | #2911 #2767
Dollar gives up gains for week as markets digest economic data - Swastika Investmart Ltd

News in headline:

* Dollar gives up gains for week as markets digest economic data

* China Seeks to Slow Yuan Gains With Weaker-Than-Expected Fixing

* GBPUSD Price Is Experiencing a Bearish Pressure

Chart of the day:

The day trend in GBPINR is indicating sideways to downside move as making lower lows and lower high formation followed by the trend line on daily chart so one can go short if it fails to break the trend line resistance.

Technical View:

* The mixed move can be seen in currency.

 

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Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here