US Dollar Trading Strategies: EUR/USD, USD/JPY, USD/CAD, Gold
US Dollar Regains Strength After Previous Decline
After a period of weakness, the US Dollar rebounded significantly last week, with the DXY index climbing back to a key long-term level on the chart. The 97.94 Fibonacci mark, which first became significant in April of the previous year, once again played a pivotal role. Following a sharp decline in early 2025, this level sparked a recovery for the dollar. Although sellers managed to push the price below this threshold, they struggled to maintain momentum, as 97.94 alternated between acting as resistance and support throughout the remainder of the year, particularly in December. The start of 2026 saw another attempt to break lower, but sellers were unable to sustain any meaningful move beneath this critical point, even when the opportunity arose.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Trigger of "Black Friday": Is Anthropic Only "Trash Level"?
Looking for the Best Crypto to Buy Now? These 3 Coins Deserve Attention in November 2026
Explosive Growth of Nearly $1 Trillion in 90 Days! AI Off-Balance Sheet Liabilities Quietly Surpass $4.1 Trillion
The AI infrastructure boom is driving massive off-balance-sheet liabilities, with commitments from seven technology companies reaching $4.11 trillion, surging by nearly $1 trillion in around 90 days—far exceeding on-balance-sheet debt. Data center leases, procurement obligations, and guarantees continue to expand, but rating agencies have yet to provide consistent definitions. The market is starting to worry: if AI revenue growth fails to keep pace with the fulfillment of these commitments, huge expenditures may undermine companies' cash flow and valuations.
Crypto prices
More
