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GBP/USD at 11-month Low after Brexit Warning
August 6, 2018, 10:17 AMThe beginning of the week turned out to be very bad for the British pound, which extended its losses against the greenback as worries over Brexit encouraged the sellers to act. As a result, GBP/USD slumped to the levels that we saw almost a year ago. Are there any technical factors that can stop currency bears in the coming week?
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What’s Next for the Forex Market?
August 2, 2018, 4:24 AMEarlier today, the euro, the British pound and the Australian dollar extended losses against the greenback, which resulted in interesting developments that may be important for the next bigger move. What happened at the same time with our other currency pairs?
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Forex Market at the Beginning of August
August 1, 2018, 9:00 AMIn today’s alert, we take a closer look at the very short-term changes in all our currency pairs. Which ones will increase, and which will fall? Which resistance zones proved to be impossible to pass? Which currency pair invalidated the earlier breakdown? Answers to these and other unasked questions you will find in our analyzes. Have a nice read.
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Did USD/JPY Ended Its Correction?
July 31, 2018, 4:30 AMEarlier today, the greenback extended losses against the yen, which took USDJPY below the lower border of the rising trend channel. Sounds pretty gloomy for fans of further increases of this currency pair, right? Don't worry, there is something technical that gives hope to currency bulls.
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USD/CHF – Trapped in Narrow Range
July 30, 2018, 10:10 AMThe price action in USD/CHF doesn't provide too much excitement for over two months. Earlier today, the value of the exchange rate reached the levels that we saw at the end of May. Will we finally see a bigger move to the downside in the coming week?
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