Market Info

Forex Major Currencies Outlook (July 26, 2017)

USD 

The US dollar drew a strong boost from news that the Senate has voted to open the debate on healthcare reform.

USDJPY Triangle Support (July 26, 2017)

USDJPY has formed lower highs and higher lows on its 4-hour time frame, trading inside a symmetrical triangle pattern.

Forex Major Currencies Outlook (July 25, 2017)

USD 

The US dollar drew a bid in the latest New York session upon seeing slightly stronger than expected flash PMI readings.

EURUSD Channel Correction (July 25, 2017)

EURUSD has been trending higher after breaking past a long-term resistance level last week.

Forex Major Currencies Outlook (July 24, 2017)

USD

The US dollar remains in a weak spot leading up to this week's FOMC statement. 

USDCAD Descending Channel (July 24, 2017)

USDCAD keeps trending lower and is moving inside a descending channel pattern on its 1-hour time frame. 

Forex Major Currencies Outlook (July 21, 2017)

USD 

The dollar is still being bogged down by issues surrounding the Trump administration, from the failure to pass the Obamacare repeal in Senate to the ongoing investigation into Trump's dealings with Russia.

EURAUD Channel Retracement (July 21, 2017)

EURAUD is trending lower and moving inside a descending channel connecting the highs and lows of price action since the latter part of May.

New Forex Major Currencies Outlook (July 20, 2017)

USD 

The US dollar had a mixed run as it mostly functioned as a counter currency.

GBPUSD Rising Wedge (July 20, 2017)

GBPUSD has formed higher lows and slightly higher highs, creating a rising wedge pattern visible on its daily chart.