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USD Index Decline and Its Consequences
June 28, 2017, 6:33 AMYesterday, the USD Index moved sharply lower and hit a fresh 2017 low. Earlier today, we saw further deterioration and a drop below the level of 96. What impact did this decline have on the euro, the British pound and the yen?
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USD/CAD – Third Time Lucky?
June 27, 2017, 10:32 AMEarlier today, the U.S. dollar moved lower against its Canadian counterpart, which resulted in a drop to the solid medium-term support line. Will it withstand the selling pressure once again?
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Where Will USD/CHF Head Next?
June 26, 2017, 5:36 AMIn the previous week, the U.S. dollar moved lower against the Swiss franc, which took USD/CHF to the long-term line and the lower border of the trend channel. Will the combination of these supports be strong enough to stop declines and trigger a rebound in the coming week?
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AUD/USD – Verification of Breakdown or Further Improvement?
June 23, 2017, 10:29 AMEarlier today, Australian dollar increased against its U.S. counterpart, but did this move change anything in the short-term perspective?
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EUR/USD – North or South?
June 22, 2017, 10:36 AMAlthough the euro moved higher against the greenback yesterday, currency bulls didn’t manage to push EUR/USD higher, which resulted in another downswing. Will we finally see a bigger move to the downside?
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