GBPJPY formed a double top pattern on its 1-hour forex chart, hinting that a potential sellof is in the cards.
USD
The US dollar had another mixed performance as it lost ground to the euro and franc, consolidated to the pound, and advanced against the yen and commodity currencies.
USDCHF has been moving sideways recently, creating a range between support at the .9575 area and resistance at .9725.
USD
The US dollar had a mixed performance as it returned some of its gains to the yen and comdolls while gaining more ground to the European currencies.
A short-term rally might take place for AUDUSD, as the pair formed a double bottom pattern on its 4-hour time frame.
USD
The US dollar edged cautiously higher against most of its major counterparts, as data from the economy came in mixed.
USDJPY has been on a steady climb but it appears to be retreating from its latest rally.
USD
The US dollar enjoyed renewed demand as the FOMC minutes seemed more upbeat than usual.
EURUSD is moving inside a rising channel on its 1-hour forex chart, with price just finding resistance at the top of the range.
USD
The Greenback had a pretty good run in recent trading, as it advanced to most of its counterparts.