EURGBP sold off sharply from its previous rally to the .9300 region, pulling back to an area of interest around the .8700 to .8800 levels. This lines up with the 50% to 61.8% Fibs, which could hold as potential support. Stochastic is already indicating...

USD   The US dollar carried on with its rally, supported by stronger December Fed rate hike odds after seeing the upbeat headline CPI figure. The reading climbed from 0.1% to 0.4% versus the 0.3% consensus while the core version of the report came...

NZDJPY was previously consolidating inside a falling wedge formation before an upside breakout occurred. Price reached a high of 80.40 before pulling back, possibly making a retest of the broken wedge resistance. Stochastic is heading lower for now,...

USD   The US dollar gained more momentum on its recent rally, closing out another day in the green. PPI readings actually came in slightly weaker than expected at a 0.2% gain for the headline reading and a 0.1% uptick for the core figure, but this...

EURJPY is still moving in an uptrend but is currently bouncing off the top of its ascending channel resistance on the 4-hour time frame. Stochastic is also turning lower from the overbought zone to indicate a pickup in selling pressure.  If this...

USD   The US dollar scored another day in the green as upbeat stock market performance on tax reform remarks and easing concerns about North Korea was the main driver. Medium-tier reports also turned out stronger than expected, with the NFIB Small...

AUDNZD has sold off in the past couple of days but the uptrend remains intact. Price is moving inside an ascending channel formation on its 4-hour time frame and is currently testing support at the 1.1000 major psychological level.  This coincides...

USD   The US dollar was able to start the week on a good note on easing geopolitical tensions and the weakening Hurricane Irma. Officials have reportedly scaled down their sanctions on the hermit nation in order to get the vote from China and Russia,...

EURUSD appears to be tired from its climb as the pair is forming a double top reversal pattern on its 4-hour time frame. Price failed in its last two attempts to break past the 1.2070 area and is on its way to testing the neckline at the 1.1850 minor...

USD The dollar pulled off Friday with some gains on profit-taking while medium-tier reports came in mixed. Final wholesale inventories rose 0.6% versus the projected 0.4% uptick while consumer credit rose from 11.8B USD to 18.5B USD versus the consensus...