USD The US dollar had a tough time in the markets yesterday as there were no top-tier US data to draw support from. The dollar gave up some of its gains to the euro, pound, and yen but managed to end the day stronger against most of the commodity currencies. ...

GBP/USD has been making significant breaks above psychological handles recently, confirming that the pair has strong bullish momentum. However, there have been a few pullbacks, eventually creating a short-term rising trend line on its 1-hour time frame....

USD The dollar refused to back down against the pound and the euro in yesterday’s trading, although it lost some ground to the comdolls as risk appetite bounced back in the Asian trading session.  Data from the US was better than expected, as t...

EUR/USD is still in its uptrend for now, although the pair was pushed down to test the channel support on the ascending trend line on the 1-hour time frame. A bounce from this area could take the pair to its previous highs around 1.3600 or perhaps to...

USD The dollar pairs were relatively quiet on Black Friday as there was a lack of liquidity in the forex market back then.  Over the weekend, some currency pairs gapped up as it appeared that traders have a stronger risk appetite, particularly...

After breaking below the neckline of the head and shoulders pattern on the 4-hour time frame, AUD/USD looks ready to make a quick pullback before resuming its selloff.  The pair found support just around the .9050 to .9100 psychological levels and...

USD The US dollar had a mixed performance, as it gained against the yen and comdolls but lost ground to the pound. There were no reports released from the US yesterday since banks were on Thanksgiving holiday and there are also no major reports lined...

After months of consolidation inside a 300-pip range, GBP/USD finally made an upside breakout as it reached the 1.6350 minor psychological level recently. This could mean that more gains are in the cards, as the next resistance level is located around...

USD The US dollar gave up some gains on weak US data, as the durable goods orders figures were below expectations while the Chicago PMI printed a drop.  However, the dollar was able to recover against most of its major counterparts when initial...

AUD/JPY has just tested and bounced off the bottom of the range visible on the 1-hour and 4-hour time frames. It has shown enough momentum, perhaps enough to push it back to the top of the range around 94.20. However, stochastic has already reached the...