Looking at the chart of USD/JPY, we can say that the recent days were very painful for currency bulls. They not only lost ground after the breakdown under the last week’s low, but also lost the battle for the September 2017 low. Is there any chance to improve their position in the coming days?

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In recent days, the USD Index moved sharply lower, which resulted in the erasing of almost the entire February growth. What impact did drop have on the euro, the Swiss franc and the Australian dollar? Will the technical picture of currency pairs give us clues about the next greenback’s move?

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Yesterday, GBP/USD moved higher and invalidated the earlier breakdown under the medium-term line, closing the day above it. Positive development? Yes, if only currency bulls…

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In recent days the Australian dollar increased against its U.S. counterpart, which resulted in an invalidation of the breakdow under the Fibonacci retracement. But can we trust this move?

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During Friday’s session currency bulls pushed the U.S dollar against its Canadian counterpart to the highest level in 2018. Despite this improvement, their opponents used the strength of their long-term ally and stopped the rally, triggering a pullback. What does it mean for USD/CAD and our wallets?

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