Key Points

• The Aussie dollar moved down against the Kiwi dollar and broke the 1.0450 support area.
• The AUDNZD pair is currently attempting to close below a couple of bullish trend lines near 1.0440-30 on the hourly chart.
• Today in Read More →

EUR/USD tested the lower bound of a descending channel drawn from August 2015 at 1.0350/1.03, which corresponds to a projection for the down move. Indeed, it pierced below the lower part of the broad consolidation zone and March 2015 lows Read More →

Key Points

• The Canadian dollar moved down recently against the Japanese yen and traded below the 87.70 support.
• The CADJPY is currently trading below a bearish trend line on the hourly chart with resistance near 87.55-50.
• Today in Japan, the Read More →