USD The US dollar struggled to extend its rallies in the latest trading sessions, as data from the US economy simply came in line with expectations. Crude oil inventories showed a 2.6 million deficit while the Federal budget balance printed a 130 billion...

AUD/USD is finding resistance at the top of its range, visible on the 4-hour forex time frame. At the same time, stochastic is moving down, which means that there’s enough selling pressure to push price down. A strong selloff could last until the bottom o...

USD The US dollar dominated in recent forex trading sessions, particularly against the euro and the pound. Against the yen though, the Greenback gave up most of its recent gains. Medium-tier data from the US economy was mixed, as the JOLTS job openings...

USDCAD is still trading inside the rising channel on its 1-hour time frame and may be ready to resume the climb if it finds support at the bottom of the channel near the 1.0850 minor psychological level. Stochastic is already in the oversold zone, hinting...

USD The US dollar regained strength against the euro and Swiss franc in yesterday’s trading sessions but it lost ground to the yen and Aussie then consolidated to the pound. There have been no major reports released from the US economy yesterday while t...

GBP/JPY has been moving inside a range for more than a couple of months already and it looks like the pair is gearing up for a test of resistance at the 173.00 major psychological handle. A strong selloff from this area could lead to a test of support...

USD The US non-farm payrolls figure came in close to expectations as it posted a 217,000 gain in hiring versus the estimated 214,000 increase. The previous month’s reading was revised slightly lower from 288,000 to 282,000 yet the jobless rate managed t...

USD/CHF has been trading inside a rising channel for nearly a month before the ECB rate decision last week triggered a sharp break lower. Since then price has made a decent correction close to the bottom of the channel. Stochastic is moving down from...

USD The US dollar had a mixed performance as it had a volatile day against the euro but managed to make some corrections in its movement against the rest of the major currencies. Perhaps the dollar was acting merely as a counter currency in the latest...

USD/JPY is currently in a new uptrend but this has yet to be established, as the pair is making an attempt to test the rising trend line on the 4-hour time frame. Stochastic bounced from the oversold zone but headed back down, indicating that there’s e...