USD
The US dollar had a pretty volatile day, as it benefitted from risk aversion in the earlier trading sessions but gave up most of its gains later on.
GBPJPY has been trending lower recently, moving below a descending trend line connecting the recent highs of price action.
USD
The US dollar was off to a weak start when risk-taking took place but soon regained the top spot when the market mood turned sour.
GBPAUD had previously been consolidating inside a symmetrical triangle pattern on its 1-hour time frame before breaking lower.
USD
The US dollar had a pretty quiet trading day since there were no major reports released and traders were off on a holiday.
GBPAUD has been forming lower highs and higher lows, creating a symmetrical triangle pattern on its 1-hour forex time frame.
USD
US economic data came in mixed last Friday, although the numbers were mostly weaker than expected.
AUDUSD suffered yet another sharp selloff towards the end of last week, breaking below a key support area around .6950-.7000.
USD
The US dollar had a generally stronger performance throughout the day, especially after US equities kicked off the session with a strong start.
EURGBP recently broke above the top of its long-term range, indicating that a longer-term climb is in play.