Those who trade regularly and who watch the markets every day have for sure noticed that the markets have been growing lately. And I am sure that for you, just like for me, it seems weird, especially considering all of the stuff that has been going on in the world. There is too much instability and too much turbulence for the markets and currencies to grow. But they still do.

Why?

Well, the answer to that is the falling chart of USD. Yes, it is American dollar that has been stirring up the situation and that has been the reason for all the growth in all of the other currencies, no matter how hard the economy is suffering. Dollar has been riding a bear trend for days now. It is so bad that some say that the greenback has reached the worst month since the beginning of 2018. The reason behind the slide of the greenback might be the same as the reason behind the growth of euro and pound – optimism surrounding Brexit. It seems that even despite the fact that we might still be months away from resolution of the process, traders are already hoping for the situation to resolve itself peacefully, with deal and with no hard hits on the economy.

While the greenback is keeping up with the downtrend, it is likely that we are going to see its main counterparts grow and recover, which is not the worst scenario imaginable.

Growth or falls – we are always going to have trading signals by our side.