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Which Way Next for GBP/USD?
December 7, 2018, 7:47 AMAlthough the sellers triggered one more move to the downside in recent days, their opponents kept cool and using important support they managed to initiate another move towards the north. Will today's correction thwart their pro-growth plans?
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EUR/USD for Bulls or Bears?
December 6, 2018, 8:06 AMAlthough the euro increased against the greenback and broke above the last week’s peaks earlier this week, the very short-term picture of the exchange rate sends quite conflicting signals about who currently dominates the trading floor. When can we expect a breakthrough?
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Sellers, Aussie and Gap
December 5, 2018, 7:44 AMAlthough AUD/USD started this week well above Friday’s closure, the combination of August peaks encouraged currency bears to act in the following days. Earlier today, they managed to erase the biggest ally of their rivals. What can be the consequences of this event?
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Bears, Breakdown and USD/JPY
December 4, 2018, 8:27 AMAfter three unsuccessful attempts to go lower currency bears finally gathered enough strength to launch the attack earlier today. Thanks to their action, USD/JPY declined sharply, erasing many days of increases generated by the bulls. How low can the currency pair fall in the coming days?
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USD/CAD – Third Time Lucky?
December 3, 2018, 9:10 AMDespite the fact that the buyers managed to approach USD/CAD to the June peaks, their triumph didn’t last long. The proximity to the aforementioned highs encouraged the sellers to take action, which resulted in a correction and a breakdowns below very important support lines. What can be the consequences of this event in the coming week?
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