Yellen speaks

So the market is anticipating the speech of Yellen. It was during the European Market when most of the currencies including AUD, NZD and YEN started to move in the Northern direction but quickly took U-turns in the US Market.

Although, these currencies are seen to appreciate in this week's trade it may take a halt until thursdays data. Existing Home Sales and Jobless Claims are just few of what we are waiting to be released.

Here is our morning technical analysis as provided for by investing.com