EURJPY recently broke below support around the 114.00 major psychological level then dipped close to the 112.00 mark before pulling up.  Applying the Fib tool on the latest swing high and low shows that this broken support and area of interest is...

USD The US dollar gave up ground when bulls were disappointed to find out that the Fed still kept interest rates at Still, Fed officials kept the door open for a December hike by highlighting the improvements in hiring and spending, explaining that the...

USDJPY suffered a sharp selloff after the BOJ and FOMC policy decisions. Price is now moving close to the bottom of its descending triangle pattern visible on the 4-hour time frame. Another bounce off the 100.00 major psychological mark could lead to...

USD The US dollar had a mixed performance as traders refrained from pushing it in a general direction ahead of today's FOMC statement.  Building permits and housing starts fell short of expectations but analysts remarked that this could just be...

EURGBP has been trending higher on its 4-hour chart, moving inside an ascending channel pattern and making its way towards the resistance around the .8800 major psychological level.  For now, price seems to be pulling back to the mid-channel area...

USD The US dollar was off to a weak start on Monday but soon regained ground during the US session.  There were no major reports printed, although the stronger than expected NAHB housing market index may have led to a few gains. US building permits...

GBPUSD has been trading sideways on its 4-hour time frame, moving between support at the 1.2900 area and resistance at 1.3450.  Price is nearing the bottom of the range at the moment and might be due for another bounce.   The 100 SMA is...

USD The US dollar staged a late rally on Friday when CPI readings beat expectations and revived hawkish hopes for this week's FOMC statement. Headline CPI showed a 0.2% gain versus the projected 0.1% uptick while the core reading showed a 0.3% increase...

AUDUSD seems to be tired from its climb since it already formed a head and shoulders reversal pattern on its 4-hour time frame. Price also broke below the neckline at the .7500 major psychological level, confirming its potential selloff. The 100 SMA...

USD The US dollar slumped after seeing mostly downbeat economic data, as this could seal the deal for the Fed to sit on its hands next week. Headline retail sales fell 0.3% versus the estimated 0.1% dip while core retail sales dropped 0.1% instead of...