The GBP/USD pair has been declining since Friday after nearing the 1.55 level. This was an anticipated area of resistance, having a confluence of 200SMA in the daily, as well as 50% retracement and a previous powerline. However, the mode of the pair is no longer bearish, and is probably

Read more here:
GBP/USD Tracking 2nd Swing of Correction

The USD/CHF has been in a free-fall since hitting the 1.1750 area. The end of last week and beginning of this week saw the USD/CHF in sideways action, or a correction, or maybe finding a bottom. In the daily, we saw Friday’s candle attempt to match Thursday’s decline

Read more here: 
USD/CHF: Stalking Retracement Pattern

The EUR/USD is surging towards 1.30/1.31 area as noted in yesterday’s post.

Read more here:
Targets for EUR/USD and GBP/USD