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Forex Trading Alert: GBP/USD – Brexit Vote in Focus
June 22, 2016, 6:42 AMAlthough GBP/USD moved sharply higher and climbed to the highest levels this year, uncertainty around Brexit vote weighed on investors’ sentiment and pushed the pair little lower yesterday. Which way next for GBP/USD?
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Forex Trading Alert: AUD/USD – Breakout and Its Consequences
June 21, 2016, 7:01 AMEarlier today, the USD Index declined to its lowest level since Jun 8 ahead of a Federal Reserve Chair Janet Yellen’s testimony. As a result, AUD/USD broke above important resistance zone. How high could the exchange rate go in the coming days?
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Forex Trading Alert: What’s next for Major Currency Pairs against Dollar?
June 20, 2016, 10:36 AMEarlier today, the USD Index extended losses, which approached it to the Jun lows. How did this drop affect our six currency pairs?
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Forex Trading Alert: AUD/USD – Breakout or another Fakeout?
June 17, 2016, 9:45 AMEarlier today, the USD Index moved lower after the release of mixed U.S. economic reports, which pushed the Australian dollar higher against its U.S. counterpart. As a result, AUD/USD increased above the medium-term declining resistance line. Breakout or another fakeout?
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Forex Trading Alert: USD/CAD – Will Barrier of 1.3000 Stop Currency Bulls?
June 16, 2016, 7:26 AMYesterday, the Federal Reserve left its interest rates unchanged at 0.50%, which pushed the USD Index to an intraday low of 94.41. Despite this drop, the greenback moved higher against its Canadian counterpart as declining prices of crude oil weakened Canadian currency. Thanks to these circumstances, USD/CAD approached the barrier of 1.3000 earlier today. Will it manage to stop further improvement?
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