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Stronger Greenback, Weaker Euro or Vice-versa?
January 19, 2018, 8:11 AMOn Wednesday, the euro moved sharply lower against the greenback after the USD Index touched its important support area. Despite this price action, the U.S. currency didn’t extend gains, which indicates the greenback’s weakness. But will EUR/GBP/USD and USD/CHF charts confirm this assumption?
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USD Index – Battle Between Lines
January 18, 2018, 4:05 AMAlthough the USD Index slipped under the level of 90 yesterday, one of the medium-term support lines encouraged bulls to act, which resulted in a rebound. How did this move affect the euro, the yen and the Canadian dollar? Is the worst behind the greenback?
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Fresh Top in AUD/USD, but What's next?
January 17, 2018, 9:12 AMThe recent downward move in the USD Index pushed AUD/USD to a fresh 2018 high, but will the rally continue?
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USD/JPY – What Will be First: Decline or Rebound?
January 16, 2018, 10:16 AMYesterday, USD/JPY broke below important short-term support zone, but rebounded earlier today. Is this a verification of the drop below the Fibonacci retracement or something more?
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USD/JPY – Bulls’ Allies Continue to Keep Declines in Check
January 12, 2018, 10:24 AMAlthough the U.S. dollar declined sharply against the yen earlier this week, two currency bulls’ allies stopped further deterioration, triggering a rebound earlier today. But will they withstand another attack?
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