Key Points

• The Aussie Dollar is trading higher at the moment against the US Dollar, and may test 0.7560.
• There was a bearish trend line on the hourly chart of AUDUSD, which was broken at 0.7485 recently for a move Read More →

Key Points

• The British Pound declined heavily this week against the Japanese yen and moved below 137.50.
• There was a contracting triangle pattern formed on the hourly chart of GBPJPY, which was broken at 137.30 for a downside move.
• Today Read More →

The greenback is down for the third week in a row following nearly two months of steady gains. This drawdown could persist for now, owing to a few factors.

First, the only certainty that markets have at this point Read More →