Although the beginning of the new year brought a fresh almost two-month peak in EUR/USD, the happiness of the buyers lasted very shortly. An unsuccessful attempt to break above the resistance line ended with a reversal and a sharp decline in the last hours. What can we expect in upcoming days?

• Read more

Although currency bears took AUD/USD to the lowest level since early February 2016, the long-term support line stopped the sellers for the second time in a row. As a result, the pair rebounded, but stuck in consolidation very quickly. When can we expect a breakthrough?

• Read more

In the previous week, currency bulls showed their strength and pushed the U.S. dollar to a fresh 2018 peak against its Canadian counterpart. Thanks to that increase, the exchange rate climbed above the upper border of the long-term rising trend channel and several Fibonacci retracements, but will the buyers be strong enough to defeat the nearest resistance area?

• Read more

Monday's session brought a breakout above the upper border of the consolidation and hope for higher values of GBP/USD. Unfortunately, none of these things lasted too long as the next days showed that the bears are not going to let their rivals through to the north without a fight. What are the implications of the recent price action?

• Read more

After quite sharp movements that we could observe last week, currency pairs reached places that could cause consolidation and a momentary holiday calm. But when can we expect another bigger move in the case of EUR/USD, USD/JPY and USD/CHF?

• Read more