Market Info

Forex Major Currencies Outlook (July 17, 2015)

USD

The dollar had a mixed performance, as some traders already booked profits off their long USD positions.

EURAUD Short-Term Reversal (July 17, 2015)

EURAUD formed a head and shoulders pattern on its 1-hour time frame, indicating that a reversal from the previous uptrend might be seen.

Forex Major Currencies Outlook (July 16, 2015)

USD

The US dollar regained ground against its forex rivals when risk aversion returned to the markets.

USDCAD Bullish Continuation (July 16, 2015)

After surging past the key resistance around 1.2800 during the BOC rate statement, USDCAD is forming a bullish flag pattern that suggests potential continuation.

Forex Major Currencies Outlook (July 15, 2015)

USD

The US dollar returned most of its recent wins when the US retail sales figures fell short of expectations.

AUDUSD Short-Term Reversal (July 15, 2015)

AUDUSD could be in for a reversal from its recent selloff, as the pair is creating a double bottom pattern on its 1-hour chart.

Forex Major Currencies Outlook (July 14, 2015)

USD
The US dollar regained ground against most of its forex counterparts when risk aversion popped its head back in the markets yesterday.

GBPUSD Trend Line Break (July 14, 2015)

GBPUSD had been trading below a descending trend line since mid-June but the pair recently broke to the upside.

Forex Major Currencies Outlook (July 13, 2015)

USD

The US dollar opened higher against most of its forex counterparts upon finding out that there has been no deal struck over the weekend between Greece and its creditors just yet. 

EURGBP Descending Channel (July 13, 2015)

EURGBP is still on a downtrend but the pair is currently testing the top of the descending channel visible on its 4-hour time frame.