The GBP/USD just broke a very steep ascending channel and is reaching a multi-week highs that could extend the bulling momentum.
The USD/CHF has pressure building up, as it is testing the broken trend once again.
Be sure to keep an eye out for EUR/USD rally in the next few days. The Dollar seems to be heading down, so take a risk and sell the S&P500.
The FOMC interest rate decision will happen this evening. The Committee’s statement should accompany it along with Yellens speech.
The U.S. Dollar let the Euro take a significant lead on Friday, despite the release of good labour market data. But how did this influence Australian Dollar?
If fundamental state of affairs is going to force the Dollar to move up, then we should wait for a breakdown at the level of 1.3580. This will also give us an overview of Oil prices.
There is strong trading happening with USD/CAD, as GBP still remains under pressure and is heading towards a bullish engulfing.
It’s time to buy EUR/USD and Gold, as there is bullish engulfing in the 4-hour chart, therefore we should try to buy the asset away from the middle point of this engulfing.
After two two consecutive losing sessions, the USD/CAD has started to show minor gains in the start of this week. Take advantage of any rebounds towards 1.3380 to sell the pair.
The FED had another meeting and the good news is that many of the representatives are expecting the interest rates to go up quite soon.
It is time to buy the JPY, as AUS200 faces resistance
This range is like a compressed spring – the more one holds it, the stronger it shoots. The question is where to?
Trading Gold has become increasing popular as the price has fluctuated greatly in recent weeks. It is approaching a possible drop, so be ready!
Uncertainty about European politics has boosted gold in recent sessions as well as given GBP/JPY a good platform.
We have some in-depth analysis about the EUR/USD pair movements for all of our clients, while the USD is setting itself us as the enemy in the upcoming war.