Weekly Technical News Today

The US Dollar was mostly little changed this past week, but it did give up gains from early on. As the pair struggles around the 200-day moving average, a falling wedge is brewing on the 4-hour chart.

The odds that the US Dollar gained the most since March 2020 last Friday, the odds of that happening were about 0.1%. With new 2002 highs in sight, where too for DXY next?

The US Dollar climbed last week but was unable to resume the uptrend. Still, the broader technical posture remains cautiously bullish, with a rectangle chart pattern brewing.

The Canadian Dollar saw a mixed looking at a majors-based index. USD/CAD’s next move could depend on its performance around a key trendline. What are key levels to watch next week?

The US Dollar climbed against its major peers this past week, opening the door to extending gains. What is the technical road ahead for EUR/USD, AUD/USD, USD/JPY and GBP/USD?

The US Dollar surged against most of its major peers this past week, placing it in a position for further gains. What are key levels to watch for EUR/USD, GBP/USD, AUD/USD and USD/JPY?

The US Dollar (via the DXY Index) has once again rebounded from rising trendline support from the May 2021 and January 2022 swing lows.

The US Dollar (via the DXY Index) broke its 2021 high and moved up to its highest level since July 2020 following the January Federal Reserve meeting.

The Australian Dollar finished a relatively flat week against its major peers. AUD/USD, AUD/CAD and EUR/AUD were unable to break support. AUD/JPY managed to break down, however.

The DXY Index’s rebound at a critical support region suggests that the worst of the sell-off may have been completed.