On Monday, the euro declined to a fresh November low against the greenback and closed the day under the lower border of the trend channel. Despite this bearish development, the buyers managed to trigger a rebound in the following days, but can we trust them?

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On Monday, currency bulls managed to break above the October peak and close the day above it. Despite this positive development and today’s earlier upswing, the greenback pulled back against the Swiss franc. Will the buyers trigger further improvement in the following days?

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In the previous week, AUD/USD reached the first resistance zone, which encouraged currency bears to fight for lower values of the exchange rate. How low can they go in the coming week?

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In recent days, the greenback moved higher against the Swiss franc, which erased almost entire November downward move. Earlier today, the exchange rate extended its rebound and USD/CHF approached the October peak. What’s next for this currency pair?

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Since the beginning of the week, the British pound has climbed against the greenback, which resulted in an increase to the resistance zone created by two Fibonacci retracements. Will they stop currency bulls in the coming days?

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