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Will Currency Bears Push GBP/USD below 1.2800?
May 26, 2017, 5:52 AMEarlier today, the British pound extended losses against the greenback, which resulted in a drop below important short-term support levels. Is it enough to push the exchange rate below 1.2800 in the coming week?
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Forex Trading Alert: USD/CHF – Short-term Consequences of Long-term Support
May 25, 2017, 8:34 AMEarlier this week, the greenback extended losses against the Swiss franc, which pushed USD/CHF under two support lines. As a result, the exchange rate dropped to the long-term support line. Will it withstand the selling pressure?
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Forex Trading Alert: USD/CAD Continues Decline
May 24, 2017, 9:36 AMEarlier today, USD/CAD broke below the 38.2% Fibonacci retracement. How low could the exchange rate go in the coming days?
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Forex Trading Alert: EUR/USD – Where Are Currency Bears?
May 23, 2017, 11:51 AMEarlier today the euro extended gains against the greenback, but will we see further rally in the coming days?
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Forex Trading Alert: GBP/USD – Consolidation above May Peak – What’s next?
May 22, 2017, 6:47 AMIn the previous week, GBP/USD hit a fresh May peak, but then the pair stuck in the consolidation. Is this a show of weakness or just a pause before another upswing?
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