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Will EUR/USD Extend Declines in December?
December 8, 2017, 10:10 AMEarlier today, the U.S. Department of Labor reported that the economy created 228,000 in November, beating expectations for an increase of 200,000 jobs. As a result, the euro declined against the greenback and reached late November lows. Will we see further deterioration in the coming week?
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GBP/USD - Short-term Support vs. Invalidation of Breakout
December 7, 2017, 8:37 AMIn recent days, the British pound moved lower against the greenback, which resulted in a comeback below the long-term resistance line. Earlier today, the pair slipped to the short-term support, but will it manage to stop currency bears in the coming days?
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What's next for USD/JPY?
December 6, 2017, 9:37 AMAlthough USD/JPY invalidated the earlier breakdown in the previous week, currency bulls didn’t manage to trigger a significant upward move, which raises some doubts about their strength. Will their opponents push the exchange rate lower in the coming week?
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AUD/USD - What's wrong with Bulls?
December 5, 2017, 11:00 AMAlthough AUD/USD broke above the upper order of the short-term declining trend channel on Friday, we didn’t notice a significant move to the upside. What does it mean for the exchange rate?
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Will EUR/USD Drop under 1.1700?
December 4, 2017, 5:25 AMAlthough EUR/USD wavered between small gains and losses on Friday, the exchange rate moved lower and reached an important short-term support line. Will it manage to stop the sellers in the coming week?
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