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Will EUR/USD Drop below 1.1600?
September 27, 2017, 7:11 AMYesterday, EUR/USD moved lower once again after comments made by Fed Chair Janet Yellen who said that “the Federal Reserve needs to continue gradual rate hikes”. Thanks to these circumstances the exchange rate broke below very important support line, opening the way to lower levels. How low could the pair go in the coming days?
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U.S. Dollar, Yen and North Korea
September 26, 2017, 4:38 AMYesterday, the greenback extended losses against the yen as tensions between the United States and North Korea increased after comments made by North Korea's foreign minister. In this environment, USD/JPY invalidated the earlier breakout and closed the day under 112. Will we see further deterioration in the coming days?
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EUR/USD and Bearish Formation on Horizon
September 25, 2017, 7:50 AMEarlier today, the euro extended losses against the greenback, which resulted in a breakdown below the lower border of the trend channel. Will this bearish development trigger bigger move to the downside in the coming week?
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USD/JPY - Verification of Breakout or Declines?
September 22, 2017, 9:40 AMEarlier today, USD/JPY pulled back and slipped to the previously-broken support/resistance line. Will we see a verification of the earlier breakout or rather further declines in the coming week?
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Fed Statement and Its Impact on Currency Pairs
September 21, 2017, 6:18 AMYesterday, the Federal Reserve suggested the possibility for a rate hike before the end of 2017 and said it will begin to roll off its stimulus program in the coming month, which pushed the USD Index to almost 92.50. What impact did this increase have on EUR/USD, GBP/USD and USD/CAD?
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