Although U.K. construction PMI increased to 52.3 in Sep (beating analysts’ expectations), the pound moved lower against the greenback after British Prime Minister set a March deadline to begin the UK's formal departure process from the European Union. Thanks to these circumstances, GBP/USD broke below the medium-term support line. What does it mean for the exchange rate?

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Although U.S. dollar moved higher against the yen earlier today, USD/JPY is still trading in a consolidation under important resistance line. Will we see a breakout in the coming days?

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Earlier today, official data showed that Canadian gross domestic product rose 0.5% in Jul, beating analysts’ expectations. Thanks to this increase USD/CAD verified earlier breakdown under the resistance zone and eased some of yesterday’s gains. What happened at the same time with our other five currency pairs?

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Earlier today, the Australian dollar climbed against the greenback to its highest level since the beginning of the month, which took AUD/USD to the key resistance zone. Will it withstand the buying pressure in the coming week?

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Earlier today, official data showed that the Gfk German Consumer Climate Index slipped to 10 in Sep, disappointing market participants. As a result, EUR/USD declined to yesterday’s lows, but did this drop change anything in the technical picture of the exchange rate?

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