USD The US dollar continued to climb against its counterparts, as traders piled on their long positions after seeing the strong NFP report.  There have been no major reports released from the US economy yesterday while today has only the JOLTS...

GBPJPY showed increased downside momentum recently, as price broke below a major support zone and dipped close to the 181.00 mark.  The pair seems to be in the middle of a retracement right now, as price pulled up to the broken support at the 184.00...

USD The US dollar staged a strong rally against its currency counterparts after the US NFP report came in stronger than expected.  The economy added 295K jobs in February, bringing the jobless rate down from 5.7% to 5.5% for the month. Wage growth...

USDJPY broke above the ascending triangle resistance on its 1-hour chart and confirmed the bullish momentum for the pair.  This occurred after the stronger than expected US NFP report was released, increasing speculations for a Fed rate hike sometime...

USD The US dollar advanced against most of its counterparts as risk aversion stayed in the markets yesterday.  Data from the US was mostly weaker than expected, as the initial jobless claims showed a 320K reading versus the projected 293K figure,...

USDJPY could be gearing up for another strong breakout, as the pair is moving inside an ascending triangle pattern on its 1-hour chart.  Price is currently testing the top of the formation, still deciding whether to make a move back to the bottom...

USD The US dollar continued to advance against most of its currency counterparts, despite mixed data from the US economy.  The ADP non-farm employment change report showed a smaller than expected 212K increase versus the projected 219K gain, although...

USDCAD is gearing up to test the bottom of its descending triangle pattern once more, after finding resistance around the 1.2500 levels.  Price is nearing the support at the 1.2400 major psychological mark and may be due for a bounce. Stochastic...

USD The US dollar consolidated against most of its counterparts, as traders hesitated to take huge positions ahead of the upcoming NFP release.  There have been no major reports released from the US economy yesterday while today has the ISM non-manufacturing...

AUDCAD could be in for a breakout soon, as price is approaching the peak of its symmetrical triangle pattern on the 4-hour time frame.  Stochastic is pointing down, indicating that a downside break is likely, although price might still go either...