Earlier today, the Australian dollar slipped to the lowest level since Aug 2 against the greenback as Friday’s comments by Federal Reserve Chair Janet Yellen supported the U.S. currency. Thanks to these circumstances, AUD/USD slipped under the medium-term support line, but will we see further deterioration in the coming week?

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Earlier today, the USD Index wavered between small gains and losses as investors remain focus on a Janet Yellen's speech later in the day. Before we know how this event will affect the currency market, let’s check what the technical picture of our six currency pairs currently is.

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Although British pound moved higher against the greenback in previous days, GBP/USD reached short-term resistance line. Will it stop currency bulls and further improvement in the coming days?

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Earlier today, the USD Index extended yesterday’s gains and approached the level of 95 as investors’ sentiment improved ahead of Federal Reserve Chair Janet Yellen’s speech. Thanks to this move, EUR/USD slipped under important support line. Will this negative event trigger further deterioration in the coming days?

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Although today’s data showed that Germany’s manufacturing PMI declined to a two-month low of 53.6 and Germany’s services PMI dropped to a 15-month low of 53.3, missing analysts’ expectations, the euro moved higher against the greenback in the following hours. How did this increase affect the technical picture of the exchange rate?

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