USD
Dollar pairs were mostly stuck in consolidation yesterday as traders hesitated to take huge positions ahead of the FOMC statement.
GBPAUD recently broke below a long-term rising trend line, indicating that a selloff is about to take place.
USD
The US dollar was mostly weaker against its peers in recent trading sessions as market watchers probably booked profits ahead of this week's FOMC statement.
EURJPY recently made a strong break below support around the 121.50 minor psychological level then dipped close to 119.00.
USD
The US dollar regained ground on Friday, thanks to US data coming in line with expectations.
NZDUSD has been trading inside a long-term rising channel visible on its daily chart.
USD
The US dollar regained ground against its rivals as risk aversion appeared to return in the financial markets.
EURUSD has been trending higher recently but looking at the longer-term time frames shows that the pair is actually hitting the top of its range.
USD
The US dollar lost further ground to its peers as risk appetite was present in the financial markets.
GBPUSD has formed higher lows and lower highs, creating a symmetrical triangle pattern on its 4-hour time frame.