USD The US dollar had a mixed performance recently as it acted more as a counter currency to its forex rivals.  Data from the US came in mixed, with stronger than expected capacity utilization and industrial production figures and weaker than expected...

EURUSD is consolidating inside a symmetrical triangle pattern ahead of the top-tier events from both the euro zone and the US this week. For today, German and French manufacturing and services PMIs are lined up and these might provide volatility for...

USD   The US dollar was in a weak spot last Friday, as data from the US economy came in mixed.  US headline PPI was weaker than expected with a 0.2% decline and the core version of the report also indicated a weaker than expected figure as...

EURGBP has been moving inside a rising channel since the start of the month, as the uptrend might carry on.  The pair is gearing up to test the top of the range around the .7950 minor psychological level, which might hold as resistance. Stochastic...

USD  The US dollar regained ground against most of its forex rivals in yesterday’s trading session, thanks to strong data from the economy.  Headline retail sales came in stronger than expected with a 0.7% gain versus the projected 0.4% i...

USDJPY may be due for a downtrend as the pair recently broke below the rising trend line on the 1-hour time frame and SMAs are crossing down.   Price pulled up from the 118.00 support zone to the area of interest at the 119.00 mark, which might...

USD The US dollar was still in a weak spot in recent trading as the recent selloff sparked more profit-taking moves.  There have been no major reports released from the US economy yesterday while today has retail sales figures on tap. Headline...

AUDUSD is moving up to test the channel resistance on its 4-hour time frame, as the top of the falling range lines up with the 200 simple moving average. This has acted as a dynamic inflection point in the recent downtrend and is close to the .8300 major...

USD The US dollar suffered a sharp selloff against the Japanese yen but managed to hold on to some of its recent wins to its forex counterparts, as risk aversion weighed on higher-yielders.  The political uncertainty in Athens sparked fears of...

USDCHF is in a steady climb, as the pair has been moving inside a rising trend channel on its 1-hour time frame.  Price just came off a test of the channel bottom around the .9700 major psychological level, which seems to have held as support. Further...