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Forex Trading Alert: USD/JPY Re-tests Support
February 28, 2017, 10:20 AMEarlier today, the USD Index extended losses and dropped below the level of 101 after disappointing preliminary GDP reading. What impact did this drop have on the euro, the yen and the Australian dollar?
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Forex Trading Alert: GBP/USD and Scottish Independence Vote
February 27, 2017, 7:40 AMEarlier today, the British pound moved lower against the greenback after reports of a possible push for fresh Scottish independence vote. Thanks to these circumstances, GBP/USD slipped below the lower border of a triangle and reached the first support area. Will it manage to stop currency bears in the coming days?
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Forex Trading Alert: USD/CAD – Verification of Breakout
February 24, 2017, 9:35 AMEarlier today, the USD Index extended yesterday’s losses, which pushed USD/CAD to the previously-broken support resistance line. Will this verification of the breakout encourage currency bulls to act in the coming week?
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Forex Trading Alert: AUD/USD below 0.7600?
February 23, 2017, 5:56 AMEarlier today, the greenback moved higher against the Australian dollar after the Australian Bureau of Statistics reported that private capital expenditure fell 2.1% in the fourth quarter, missing expectations for a 0.5% drop. Did this increase change the very short-term picture of AUD/USD?
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Forex Trading Alert: GBP/USD – Invalidation of Breakout
February 22, 2017, 7:36 AMEarlier today, the British pound moved lower against the greenback after the Office for National Statistics showed that GDP growth for the whole of 2016 was smaller-than-expected. In this environment, GBP/USD invalidated the earlier breakout above the resistance line. Will this development trigger a drop below 1.2400 in the coming days?
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