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USD/CAD – The Moment of Truth Is Coming
November 7, 2018, 8:02 AMAlthough the U.S. dollar increased recently against its Canadian counterpart, currency bulls didn’t manage to trigger an upward move above the 61.8% Fibonacci retracement for the third time in a row. Will their nearest ally be able to stop the selling pressure once again in the coming days?
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How High Can AUD/USD Go?
November 6, 2018, 8:18 AMIn the previous week, the Australian dollar moved sharply higher against its U.S. counterpart, which resulted in a breakout above the upper line of the declining trend channel. Will we see a test of September peaks in the coming days?
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EUR/USD – Verification or Invalidation?
November 5, 2018, 8:57 AMOn Friday, the euro moved lower against the greenback, which took EUR/USD under the previously-broken resistance line. Earlier today, the buyers decided to fight for higher values of the exchange rate, but will they manage to withstand the selling pressure in the coming days?
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USD/CHF – Invalidation of Breakout and Its Consequences
November 2, 2018, 11:12 AMAlthough currency bulls pushed USD/CHF to a fresh 2018 peak on Wednesday, this improvement wasn’t as stable as one would expect. Are the pro-growth currency bulls’ plans already buried? What can we expect in the coming week?
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EUR/USD – Double Bottom or Further Declines?
November 1, 2018, 4:04 AMAlthough currency bears pushed EUR/USD below the lower border of the consolidation during yesterday’s session, their opponents erased this move earlier today. Does today’s rebound suggest that we will see a post double-bottom rally? Or maybe it's just a trap for the buyers?
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