The recent days were not very favorable for AUD/USD. If you are wondering how recent price action influenced the technical picture of the currency pair, check out our today’s alert and find the answer to this question.

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For almost a week we have been witnessing jostling between currency bulls and bears in the narrow price area. To make matters worse, the whole "action" takes place inside the declining trend channel, which additionally raises doubts about the direction of the next USD/CAD bigger move. However, we found some tips that can tell us where will the exchange rate likely go at the beginning of this month and we would like to share them with you in today's alert. We invite you to read.

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The current situation in USD/JPY looks like preparations before a bigger move. Currency bulls and bears check how high and how low their opponents can push the exchange rate, but who has more technical arguments on its side?

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Looking at the daily chart of USD/CHF we can summarize the recent days in one word: boredom. But behind the current consolidation there may be something more than we think at first glance. Read today's alert and you'll find out what we mean.

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Although the British pound moved higher against the greenback on Friday, currency bears stopped their opponents and erased almost the entire upswing. As a result, GBP/USD invalidated the earlier breakout above important line and created a disturbing formation on the daily chart. Currency bulls felt its consequences earlier today. We invite you to read today's alert, in which we explain the whole situation.

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