USD   Today is a big day for the U.S. dollar as the FOMC meeting minutes are up for release.  Traders are expecting to see clearer clues on whether the Fed is likely to push through with its Septaper plan or not. On one hand, the U.S. has shown...

NZD/USD is still moving sideways lately, as resistance at the top of the range or at the .8100 major psychological level still held this week.  At the same time, stochastic is pointing down, hinting at a potential test of the bottom of the range...

USD The US dollar was off to a strong start in this Asian session, as traders booked profits off key resistance and support levels on the medium-term time frames.  This is perhaps because most market participants aren’t willing to keep their t...

GBP/USD has made another new high recently, as it broke slightly above the bullish pennant or flag pattern on its 1-hour time frame.  However, it appears that the upward pressure isn’t that strong yet and the pair still has a chance at pulling b...

USD The US dollar had a rough day in the markets as it scored a few gains only to lose it all at the end of the NY session.  The record-low initial jobless claims figure and concerns about bond yields revived the September taper plans, as the jobs...

The pound has been gaining steadily against the dollar in the past few trading days, as strong data from the UK and doubts on the Fed’s September taper plan have combined to push GBP/USD past key resistance levels.  On its shorter-term time frames s...

USD The dollar weakened yet again in yesterday’s trading as the PPI reports turned out to be a disappointment while Bullard’s speech cautioned against easing too soon.  This throws water at the Fed’s Septaper plans, considering how Bullard is a ...

AUD/CAD’s falling channel on its 4-hour time frame is still holding really well, as the pair is now making another test of the trend line with stochastic in the overbought region. Sentiment for the Australian dollar remains weak, as the country printed w...

USD The Greenback enjoyed stellar gains in yesterday’s trading, as the US retail sales report came in better than expected. In particular, the core version of the report showed a 0.5% uptick, which is better than the estimate of a 0.4% increase, while t...

The bottom of GBP/JPY’s 4-hour range held as support yesterday as the pair bounced off the 149.00 area and rallied to 152.00. Right now, GBP/JPY is stalling around the middle of the range, still undecided whether to go up or down. The UK will release i...