USDCAD is still trending lower, moving inside a descending channel on its 1-hour chart and bouncing off resistance. Price is now making its way back down towards support at the 1.3300 to 1.3350 area, although it could encounter a near-term floor at 1.3400....
USD The US dollar was off to a bit of a weak start due to profit-taking and Trump's Twitter tantrum over the weekend. As it turns out, Wisconsin is recounting votes and Clinton's team is monitoring the results. US preliminary GDP data is due today and...
GBPUSD has been moving sideways, finding support around 1.2365 and resistance at the 1.2500 major psychological level. Price is making its way back to support after a recent bounce from the top of the range. The 100 SMA is above the longer-term 200 SMA...
USD The dollar gave back some of its recent gains on Friday as US traders were out on a holiday. The US currency was off to a bit of a weak start so far and there are no major reports lined up for the day so risk sentiment could push dollar pairs...
USDJPY is trending higher on its 1-hour chart, moving above an ascending trend line connecting the latest lows of price action. Price is currently testing this support area, which lines up with the 61.8% Fibonacci retracement level and the 100...
USD Dollar pairs barely budged in the recent trading sessions as US traders were off on a Thanksgiving holiday. Banks and markets reopen today but liquidity is still expected to be thin over the long weekend so the Greenback might simply react...
EURGBP has been trending lower on its short-term time frames, moving inside a descending channel on the 1-hour chart. Price is currently testing the range support and might be due for a bounce back to the resistance around the .8560 levels. The...
USD The US dollar resumed its rallies across the board, buoyed by hawkish FOMC minutes and mostly strong data. Both headline and core durable goods orders figures beat expectations while the flash manufacturing PMI also posted an increase....
USDCAD appears to be starting a new trend down, creating a downtrend channel on its 1-hour time frame. Price just bounced off the 1.3400 support area and is making its way back up to the resistance at 1.3500. The 100 SMA is below the 200 SMA so...
USD The US dollar had a mixed performance as it struggled to extend its gains against its counterparts. Medium-tier reports turned out better than expected but US traders seem to be booking profits ahead of the Thanksgiving holidays. US durable goods...
