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GBP/USD Drops under 1.3200 - What's next?
October 18, 2017, 6:12 AMSince the beginning of the week the British pound declines against the greenback. As a result, GBP/USD erased over 50% of the earlier rebound and slipped under 1.3200. How low could the pair go in the coming days?
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USD/JPY - Verification of Breakdown or Something More?
October 17, 2017, 3:34 AMYesterday, USD/JPY bounced off the nearest support zone, which resulted in a comeback to the previously-broken lower border of the consolidation. Is this just a verification of the earlier breakdown or something more?
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AUD/USD vs. Fibonacci Retracement
October 16, 2017, 2:38 AMOn Friday, the Australian dollar moved sharply higher against its U.S. counterpart, which resulted in a climb to the 38.2% Fibonacci retracement. Will this resistance level manage to stop further improvement in the coming week?
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Verification of Breakdown and EUR/USD
October 13, 2017, 7:19 AMYesterday, the euro moved higher against the U.S. dollar, which pushed EUR/USD to important resistances. Despite this improvement, the pair reversed and declined, verifying the earlier breakdown. How such price action could affect the short-term picture of the exchange rate?
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Is It Right Time for Reversals in EUR/USD and GBP/USD?
October 12, 2017, 8:24 AMEarlier today EUR/USD and GBP/USD extended gains and reached their important resistance areas. Will currency bears use them to push the exchange rates lower?
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