The downtrend on EURJPY seems to be over, as price formed a double bottom pattern on its 1-hour time frame and broke past the neckline resistance around 137.00.
USD
The US dollar had a mixed performance recently, as it gained ground to the yen but gave up some gains to the pound and the euro.
CADJPY has been forming an ascending trend channel on its 1-hour forex chart, as it made higher highs and higher lows.
USD
The US dollar gave back some of its recent gains on Friday as data from the US economy came in weaker than expected.
USDCHF has been in a strong climb recently, even breaking past a key resistance area around the .9500 handle.
USD
The US dollar moved sideways in recent trading, as major pairs were stuck at key levels.
USDJPY is stalling at an area of interest, which lines up with the 108.00 major psychological resistance level.
USD
The US dollar continued to assert its dominance in the forex market, as risk aversion stayed in the markets.
NZDUSD is currently testing the bottom of the ascending trend channel on its 1-hour time frame, still deciding whether to go for a bounce or a break.
USD
The US dollar was able to bounce back against most of its forex counterparts in recent trading sessions, as US existing home sales printed stronger than expected results and risk aversion started to creep back in the markets.