USD The U.S. dollar continued to suffer losses against most of its major counterparts, except for the Japanese yen, as the weak March NFP figure dashed hopes of earlier than expected monetary policy tightening from the Federal Reserve.  There were...

AUD/USD seems to have breached the 1.0500 major psychological level already and appears poised to test the next resistance at 1.0600.  Take note that this is in line with the top of the long-term range visible on the 4-hour or daily time frames....

USD There were no major reports released from the U.S. yesterday, allowing the Greenback to recover from some of its recent losses.  There are no reports due from the U.S. once more, which suggests possible quiet trading for the New York session....

Thanks to weaker than expected U.S. jobs data, GBP/USD breached the 1.5250 minor psychological resistance on Friday and climbed all the way up to the 1.5350 mark.  However, price action on Monday reveals that the rally ran out of steam as the pair...

USD The U.S. economy showed weaker than expected jobs growth for March as the NFP report printed an 88K figure instead of the projected 198K increase.  The previous figure was revised up from 236K to 268K while the jobless rate ticked down from...

The disappointing March NFP from the U.S. triggered a sharp selloff for USD/CHF, taking the pair below the .9400 significant support level and bottom of the previous range.  It seems that a retest of the support-turned-resistance level could be...

USD                        The U.S. dollar rallied against most of its counterparts during the Asian session and first few hours of the London session as the strong USD/JPY rally affected other...

On its 4-hour time frame, AUD/USD has formed a double top formation as it failed to break past the 1.0500 major psychological resistance over the past few weeks.  The neckline of the pattern is at the 1.0400 major psychological support, which could...

USD The U.S. dollar suffered another selloff during yesterday’s trading as the economy printed a couple of weaker than expected data. The ADP non-farm employment change, which can be considered as a preview of the NFP release, came in below the expected 2...

After making a strong selloff from the 1.5250 minor psychological resistance and previous week highs, GBP/USD found support around the 1.5100 major psychological level.  The pair appears to be retracing, thanks to the recent disappointments in U.S....