EURUSD has been moving inside a symmetrical triangle pattern since the start of the month, creating higher lows and lower highs.  The pair just came off a test of triangle resistance and may be due south, possibly until the triangle support or lower. ...

USD The US dollar had a mixed performance as it gained ground to the European currencies and the yen while giving up gains to the commodity currencies.  There were no reports released from the US economy yesterday, as Fed tightening expectations...

USDJPY has been moving in a strong uptrend, with a short-term rising channel forming on its 1-hour time frame.  Price just came off a test of resistance and may be due to head lower in a bit, offering a better entry area for buyers looking to jump...

USD The US dollar gave back some of its recent gains to its forex counterparts as US traders were off on a Veterans Day holiday yesterday.  Risk sentiment appeared to improve as geopolitical risks faded and US equity indices soared to new highs,...

After breaking below support at the .8700 major psychological level and dipping to the .8550 mark, AUDUSD has pulled up to the area of interest and may be due to resume its drop soon.  The 38.2% Fibonacci retracement level lines up with the...

USD   The US dollar had a mixed performance as it regained ground to the pound, euro, and yen but continued to weaken to the rest of its counterparts.  There were no reports released from the US yesterday, leaving risk sentiment as the main...

AUDUSD has recently broken below the .8700 major psychological support zone and dipped to the .8550 area before making a pullback.  This correction might last until the broken support area and the Fibonacci retracement levels on the 4-hour time...

USD The US dollar gave up ground to its forex counterparts on Friday when the US non-farm payrolls figure missed expectations.  Hiring picked up by 214K when analysts were expecting to see a 235K gain, although the jobless rate improved from 5.9%...

GBPUSD has been steadily moving lower, as a descending trend line can be drawn to connect the recent highs of price action.  At the same time, stochastic is indicating overbought conditions, suggesting that sellers could take control of price action...

USD Dollar traders are gearing up for the release of the October NFP report in today’s US trading session, which could show a slightly slower pace of jobs gains.  However, leading indicators of employment such as the ADP non-farm employment change a...