Yesterday, the euro increased against the greenback once again, which resulted in a climb to the 38.2% Fibonacci retracement. Is it enough for currency bulls or higher values of EUR/USD are still ahead of us?

• Read more

In recent days, the U.S. dollar extended losses against its Canadian counterpart, which took USD/CAD to a fresh 208 low. At the same time, the pair reached our first downside target, but is it enough for currency bears?

• Read more

Earlier today, the greenback declined to the lowest level against the Swiss franc since mid-September 2017, which resulted in a small drop under the long-term support line. Is this a sign of bigger move to the downside or just a trap?

• Read more

On Friday, the USD Index bounced off the previous low, but it looks like the bulls do not have enough strength to push the index higher. Is it really the show of weakness or maybe it is rather the calm before the storm, which will result in the attack of higher levels?

• Read more

Although the USD Index extended losses on Friday, the Wednesday low stopped the sellers, triggering a rebound. Will the double bottom formation withstand the selling pressure and trigger a rally in the greenback in the coming week?

• Read more