USD
The US dollar was off to a weak start in the absence of upgrades in its Q4 GDP reading of 1.9% but soon recovered upon seeing stronger Chicago PMI and Richmond manufacturing index readings.
AUDUSD recently broke below its ascending channel visible on the 1-hour and 4-hour time frames.
USD
The US dollar initially sold off upon seeing mixed durable goods orders results and a sharp drop in pending home sales.
EURGBP has been trending lower, moving inside a descending channel connecting the latest highs and lows on the 4-hour time frame.
USD
The US dollar regained some ground against its peers on Friday as traders booked profits off their short positions earlier in the week.
GBPUSD sold off sharply last Friday but appears to be finding support at the bottom of its short-term range at the 1.2400 major psychological level.
USD
The US dollar chalked up another day of losses as traders are starting to get weary of waiting for Trump's "phenomenal" tax reform announcement.
NZDUSD failed in its last two attempts to break below the .7150 minor psychological level, creating a double bottom formation visible on its 1-hour chart.
USD
The US dollar was off to a good start but wound up retreating when the FOMC minutes were released.
EURJPY is trending lower on its 4-hour chart, moving inside a descending channel connecting the latest highs and lows of price action.