USD   The US dollar was in a weak spot last Friday, as data from the US economy came in mixed.  US headline PPI was weaker than expected with a 0.2% decline and the core version of the report also indicated a weaker than expected figure as...

EURGBP has been moving inside a rising channel since the start of the month, as the uptrend might carry on.  The pair is gearing up to test the top of the range around the .7950 minor psychological level, which might hold as resistance. Stochastic...

USD  The US dollar regained ground against most of its forex rivals in yesterday’s trading session, thanks to strong data from the economy.  Headline retail sales came in stronger than expected with a 0.7% gain versus the projected 0.4% i...

USDJPY may be due for a downtrend as the pair recently broke below the rising trend line on the 1-hour time frame and SMAs are crossing down.   Price pulled up from the 118.00 support zone to the area of interest at the 119.00 mark, which might...

USD The US dollar was still in a weak spot in recent trading as the recent selloff sparked more profit-taking moves.  There have been no major reports released from the US economy yesterday while today has retail sales figures on tap. Headline...

AUDUSD is moving up to test the channel resistance on its 4-hour time frame, as the top of the falling range lines up with the 200 simple moving average. This has acted as a dynamic inflection point in the recent downtrend and is close to the .8300 major...

USD The US dollar suffered a sharp selloff against the Japanese yen but managed to hold on to some of its recent wins to its forex counterparts, as risk aversion weighed on higher-yielders.  The political uncertainty in Athens sparked fears of...

USDCHF is in a steady climb, as the pair has been moving inside a rising trend channel on its 1-hour time frame.  Price just came off a test of the channel bottom around the .9700 major psychological level, which seems to have held as support. Further...

USD The US dollar returned some of its latest trading gains at the start of the week as forex traders booked profits off key levels.  USDJPY retreated below the 121.00 handle while GBPUSD recovered above 1.5600. The US labor market conditions index...

USDJPY is making another test of the rising trend line support visible on its 1-hour forex time frame. The pair has just traded around the 122.00 levels and pulled back to the 120.50 area, which is around the trend line and 100 simple moving average....