NZDJPY broke past the long-term resistance at the 78.00 handle a couple of months back before staging a steady ascent to 83.50.  Price seems to be struggling to keep up its climb from here so a pullback might be due.  Applying the Fib tool...

USD The dollar advanced steadily against its peers as the week drew to a close, as economic data from the US was slightly stronger than expected. New home sales rose from 563K to 592K versus the projected 575K figure while the UoM consumer sentiment...

AUDNZD formed lower highs and found support at the 1.0400 major psychological level, creating a descending triangle visible on its 1-hour chart. Price is on its way to test the bottom of the triangle and might be due for a bounce. However, the 100 SMA...

USD The US dollar returned some of its recent wins on Friday as traders booked profits before the end of the week.  Economic data from the US was also weaker than expected, as building permits and housing starts came in below consensus. Only the...

EURAUD made another bounce off its support at the 1.4125-1.4150 area late last week and looks ready for a test of resistance at the 1.4500 major psychological mark.  If this holds as a ceiling, the pair could head back to the bottom of the range...

USD The US dollar continued to reign supreme against its counterparts as traders incorporated expectations of three more rate hikes next year. Economic data from the US also supported this upbeat outlook, with manufacturing indices posting impressive...

GBPJPY is still trending higher, moving above a rising trend line on its 1-hour chart and getting ready for another test of support.  The trend line coincides with a former resistance at the 146.00 to 146.50 levels, which might hold as support from...

USD The US dollar staged a strong rally after the Fed hiked interest rates and signaled room for three more tightening moves next year, an increase from their September forecast of just two hikes. Policymakers also upgraded growth and jobs forecasts...

AUDUSD broke down from its wedge formation after the FOMC statement but signs of a correction are materializing.  Applying the Fib tool on the breakdown move shows that the 50% level lines up with the broken wedge support at the .7450 minor psychological...

USD Dollar pairs were stuck in their ranges as traders are feeling anxious ahead of the FOMC statement. There are a number of ways Fed head Yellen and her group of policymakers could play this, although many are expecting them to combine the rate hike...