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The dollar managed to stay supported throughout the previous week as Fed tightening expectations strengthened while risk aversion lingered in the markets.
USDCAD recently broke out of an inverse head and shoulders pattern on its 4-hour time frame and looks ready for an uptrend.
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The US dollar lost ground to its peers as risk appetite appeared to return to the markets.
EURUSD could be in for a selloff as a double top pattern can be seen on its 4-hour time frame.
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The dollar was able to score another winning day thanks to higher yields during the debt auction.
EURAUD looks ready for a selloff as price is forming a double top reversal pattern on its 4-hour time frame.
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The dollar was able to pocket a few gains even as US markets were closed for the President's Day holiday.
GBPUSD appears to be starting a new trend lower as price is creating a descending channel on its 4-hour time frame.
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The US dollar was able to rebound against most of its peers on Friday as profit-taking happened before the long weekend.
USDJPY recently broke below a major support zone, confirming that a downtrend is underway.