GBPUSD is currently trading in an uptrend, as a rising channel can be drawn on its 1-hour forex chart.
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The US dollar regained ground on risk aversion in yesterday’s trading sessions, as there have been no positive updates on the Greek debt negotiations so far.
USDCAD is still stuck inside the descending triangle forex pattern on its 1-hour chart, as price just bounced off the bottom and is now testing the resistance.
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The US dollar gave up a bit of ground on Friday when risk sentiment picked up on the heels of a last-minute compromise between Greek officials and its EU creditors.
GBPJPY has been moving sideways recently, bouncing off support near the 182.00 major psychological level and heading towards resistance at the 184.00 major psychological mark.
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The US dollar regained a bit of ground in yesterday’s trading sessions, as risk aversion extended its stay in the markets.
USDCAD recently bounced off the bottom of the descending triangle on its 1-hour forex chart and is making its way to the top.
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The US dollar had a sharp selloff after the minutes of the latest FOMC meeting were released.
NZDUSD is moving inside a rising wedge pattern on its 1-hour forex chart and is currently testing the top of the range.
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The US dollar returned some of its recent gains as traders booked profits ahead of the Chinese New Year holidays.