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AUD/USD Invalidates Breakout
October 3, 2018, 10:12 AMAfter several days inside consolidation, currency bears attacked and invalidated the earlier breakout above the short-term support line. What could be the consequences of this event?
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The USD Index Update
October 1, 2018, 8:52 AMIt’s been some time since we discussed the situation on the USD Index from the long-term point of view and since all of our trading positions are in the currencies that are included in the index, it seems that today is a perfect day to catch up.
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USD/JPY – Trend Still Your Friend?
September 28, 2018, 8:01 AMOn Thursday, USD/JPY moved sharply higher, breaking not only above the upper border of the short-term rising trend channel, but also above the July peak. Bullish development? Yes. Further rally?
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AUD/USD – Currency Bulls vs. Long-term Resistance
September 27, 2018, 12:01 PMAlthough currency bulls came back above the upper border of the long-term declining trend channel, this improvement was very temporary for the second time in a row. This time the sellers didn’t give them a chance for another rebound and attacked during today's session. What can be the consequences of this move for the bulls in the coming days?
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