Pound Soars on BoE Tapering Comments, US Dollar Looks to Retail Sales for Next Move
consolidates after recent bounce
The USD/JPY bullish momentum broke above the resistance trend line (dotted brown) but price has a strong horizontal resistance level nearby (red). Price seems to be building 5 (blue) bullish waves within wave 1 or wave A.
Recovering US Dollar
Softened sanctions on North Korea & fading Irma concerns sends S&P 500 to record high
Key Highlights The US Dollar tumbled against the Canadian Dollar during the past few weeks and traded below 1.2200. There was a break below a monster bullish t
Pound Loses Ground
With the early day release of Japan's weaker than forecast Final GDP, the AUDJPY seems heading towards the 87.90–88.00 horizontal resistance region; h
Key Highlights The US Dollar was under a lot of pressure lately and declined below 108.50 against the Japanese Yen. There is a key resistance forming near 108.
EUR/USD Forex News: The ECB didn’t alter the rates but the Euro strengthened during Mario Draghi’s press conference and the pair approached the prev
USD weakness was another strong theme in today's trading day as US economic data continues to disappoint it's getting to the point now
Although an immediate ascending trend channel favors GBPCHF's up move, pair's repeated failures to surpass the 1.2500 10 horizontal area indicates brigh
Key Highlights The Aussie Dollar is positioned nicely above the 0.7900 handle area against the US Dollar. There is a crucial ascending channel with current sup