Market Info

Forex Major Currencies Outlook (Sept 15, 2014)

USD

The US dollar regained ground to most of its major counterparts, as traders started positioning ahead of this week’s FOMC statement. 

GBPUSD Long-Term Support (Sept 15, 2014)

GBPUSD is currently testing a key area of interest as seen on its daily time frame, which could mean that the recent selloff could reverse.

Forex Major Currencies Outlook (Sept 12, 2014)

USD

The US dollar had a mixed performance, as it managed to extend its wins to the Japanese yen but gave up ground to the pound then consolidated to the euro.

CADJPY Bullish Divergence (Sept 12, 2014)

CADJPY is on a short-term uptrend, as a rising trend line can be drawn to connect price lows since August on its 1-hour forex chart. 

Forex Major Currencies Outlook (Sept 11, 2014)

USD 

The US dollar returned some of its recent gains to its counterparts, as traders booked some profits off their positions.

NZDJPY Rising Trend Line Bounce (Sept 11, 2014)

NZDJPY has been moving in a steady uptrend inside a tight ascending channel on its 4-hour chart. 

Forex Major Currencies Outlook (Sept 10, 2014)

USD

The US dollar returned some of its recent gains to the euro but continued to advance against the pound, yen, and commodity currencies.

AUDJPY Correction Setup (Sept 10, 2014)

AUDJPY has recently broken the major resistance level at the 96.00 psychological handle a few weeks back and made a strong rally to the 98.75 area.

Forex Major Currencies Outlook (Sept 9, 2014)

USD

The US dollar continued to advance against its forex counterparts as risk aversion hit the markets and favored the lower-yielding Greenback.

AUDUSD Trend Breakdown? (Sept 9, 2014)

AUDUSD has been trading inside a rising channel on its 1-hour forex time frame for the past month, but it looks like a breakdown is happening.