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USD
The US dollar gave up ground to its counterparts as equity indices closed around 1% lower for the day.
GBPUSD has been moving back and forth between support at the 1.2100 major psychological level and resistance at 1.2700.
USD
The dollar regained a bit of ground against its peers even though there were no major reports out of the US economy.
EURAUD looks ready for a downtrend as the pair formed a head and shoulders pattern on its 1-hour time frame.
USD
The US dollar continued to retreat against most of its counterparts as traders kept booking profits off their recent long positions in reaction to a less hawkish than expected Fed announcement.
USDJPY sold off after the FOMC decision as traders booked profits off the event.
USD
The US dollar had a mixed performance as it reacted to country-specific events, particularly in the European region.
EURAUD recently broke below its ascending channel on the 1-hour time frame and might be due for a pullback before heading further south.
USD
The Fed hiked interest rates by 0.25% as expected but the dollar sold off as traders booked profits and bulls seemed unimpressed by the lack in conviction.
Cable recently bounced off its long-term support at the 1.2100 major psychological mark and seems to be pulling up from its recent selloff.
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