USD
The US dollar regained a lot of ground to its forex counterparts, thanks to dovish remarks from European central bank officials.
GBPJPY seems to be having trouble extending its climb past the 188.00 major psychological resistance level, opening up the possibility of a large correction to the areas of interest.
USD
The US dollar regained some ground against its forex counterparts yesterday, as traders booked profits off key levels ahead of the FOMC minutes release tomorrow.
GBPUSD has been on a strong uptrend, as the pair has been trading above a rising trend line forming on its 4-hour forex chart.
USD
The US dollar had a volatile run on Friday, as it gained some ground against its forex counterparts only to give most of it back by the end of the day.
EURJPY is moving inside an ascending channel on its 1-hour chart, indicating that a short-term uptrend is taking place.
USD
The US dollar managed to regain a bit of ground in recent trading sessions, even though data from the US economy came in mostly weaker than expected.
AUDUSD recently broke past resistance at the .8000 major psychological level and surged up to a high of .8150.
USD
The US dollar had a mixed performance in recent trading sessions, despite weaker than expected data from the economy.
NZDJPY popped up from its previous lows around the 88.00 major psychological level and is in the middle of a market correction.