Key Points

• The Euro after trading close to 0.8995-0.9000 against the British Pound started correcting lower.
• The EURGBP pair is currently following a descending channel pattern with resistance near 0.8940 on the hourly chart.
• Today in the Euro Zone, the Read More →

The euro soared higher against the dollar on Wednesday following the Federal Reserve's decision to keep interest rates unchanged and signaled it would take a longer time raising rates.

The single currency hit a 2 1/2 year high against Read More →

Key Points

• The Aussie Dollar surged higher recently and broke a major hurdle at 0.7960-70 against the US Dollar.
• There is a crucial bullish trend line with support at 0.7995 forming on the hourly chart of AUDUSD.
• Today in Australia, Read More →