The US dollar gave up more ground to its forex counterparts when data from the economy came in weaker than expected.
AUDCAD seems to be done with its downtrend as a reversal pattern can be seen on its 4-hour forex chart.
The US dollar continued to give up more ground to its forex counterparts in recent trading as data from the economy still fell short of expectations.
EURUSD has been selling off since the start of the month but it seems to be making a correction for the past few days.
The US dollar suffered a sharp selloff in recent trading after the country’s retail sales figures came in short of expectations.
USDJPY has been slowly trending higher on its 1-hour time frame, as the pair is creating an ascending channel on the chart.
The US dollar continued to gain ground in the earlier trading sessions but gave up some of its wins during the New York hours.
GBPAUD has recently broken below support at the 1.9350 minor psychological level and is making a correction from the selloff.
The US dollar continued to advance against its forex counterparts, thanks to risk aversion extending its stay in the financial markets.
EURNZD recently broke below the 1.4300 major psychological support level and dipped to the 1.4100 area before pulling up.