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Forex Trading Alert: What’s next for Major Currency Pairs against Dollar?
February 21, 2017, 4:57 AMEarlier today, the USD Index extended gains and came back above the level of 101 on hopes that the minutes of the February FOMC meeting would give more clues about possible rate hikes. How did this increase affect the technical picture of our six currency pairs?
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Forex Trading Alert: USD/CAD – Similarity to the Past
February 17, 2017, 8:49 AMAlthough USD/CAD moved lower yesterday, the pair reached the long-term support line. Will it stop currency bears once again in the coming week?
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Forex Trading Alert: EUR/USD Meets Resistance
February 16, 2017, 11:13 AMDespite the release of mostly positive U.S. data, the greenback moved lower against other major currencies. How did this move affect the technical picture of the euro, the pound and the Canadian dollar?
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Forex Trading Alert: How Low Could EUR/USD Go?
February 15, 2017, 8:10 AMEarlier today, the euro extended losses against the greenback as yesterday’s comments by Federal Reserve Chair Janet Yellen suggesting a near-term rate hike supported the U.S. currency. How low could EUR/USD go in the coming days?
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Forex Trading Alert: GBP/USD Under Pressure
February 14, 2017, 9:37 AMEarlier today, the British pound moved lower against the greenback after official data showed that although UK consumer prices rose, they missed expectations. As a result, GBP/USD reversed and dropped under 1.2500. Will we see lower values of the exchange rate in the coming days?
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