USD The US dollar gave up some of its recent gains despite seeing mostly stronger than expected reports. The ISM manufacturing PMI was up from 51.9 to 53.2 to indicate a faster pace of industry growth, but the jobs component saw a decline. The NFP is...
GBPJPY has been on a steady uptrend, moving above an ascending trend line connecting the latest lows of price action on its 1-hour chart. Price has surged past the 145.00 mark before showing signs of a pullback and applying the Fib tool on the latest...
USD The US dollar was able to hold its ground, thanks to mostly upbeat economic data. The ADP non-farm employment change reading hinted at an upside NFP surprise while the Chicago PMI posted a sharp climb. Personal income was higher than expected but...
USDJPY continues to trend higher, moving above a rising trend line on its 1-hour time frame. Price recently broke past the resistance around the 113.50 minor psychological level and zoomed up to the 114.50 area before pulling back. Applying the...
USD The US dollar had a mixed performance despite seeing stronger than expected economic reports. The Q3 GDP reading was upgraded from 2.9% to 3.2% while the CB consumer confidence showed a large jump for the month. The core PCE price index, along...
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...
