Earlier today, the USD Index extended losses and moved below the level of 100, which pushed USD/CAD below the last week’s lows. Will we see further deteriorate in the coming days?

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Earlier today, the Australian dollar extended gains against its U.S. counterpart, which pushed AUD/USD to a fresh 2017 high. Will the exchange rate move higher in the coming days?

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On Wednesday, the Australian dollar moved sharply higher against its U.S. counterpart after the Federal Reserve’s latest policy decision. Thanks to this increase, AUD/USD invalidated the earlier breakdown under the lower border of the rising trend channel. Does this improvement mean that we’ll see a test of recent highs?

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Earlier today, the Bank of England left interest rates at record lows, which pushed the British pound higher against the greenback. As a result, GBP/USD climbed above 1.2300. How high could the exchange rate go in the coming days?

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At the end of the previous week the greenback moved lower against its Canadian counterpart, which resulted in an invalidation of the earlier breakout above the upper line of the rising wedge. What does it mean for USD/CAD?

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