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USD/CAD – Invalidation of Breakdown and Its Consequences
June 21, 2017, 5:05 AMEarlier this week, the U.S. dollar moved higher against its Canadian counterpart, which resulted in an invalidation of the breakdown under the lower border of the trend channel. What impact could this event have on USD/CAD future moves?
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GBP/USD Approaches Recent Lows – What’s next?
June 20, 2017, 8:06 AMEarlier today, the British pound declined against the greenback, which took the pair slightly above the recent lows. Will we see a breakdown and lower values of GBP/USD in the coming days?
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AUD/USD – Consolidation under Resistance
June 19, 2017, 7:21 AMFrom the middle of the previous week AUD/USD remains in the consolidation under the resistance area. Will currency bulls be strong enough to break above it in the coming week?
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USD/JPY Above Declining Trend Channel – What’s next?
June 16, 2017, 10:53 AMYesterday, the greenback moved sharply higher against the yen, which resulted in a breakout above the upper border of the declining trend channel. What does it mean for the exchange rate?
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