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Forex Major Currencies Outlook (Aug 7, 2015)

USD

The US dollar had a mixed performance as it reacted to currency-specific events from its forex rivals.

GBPUSD Triangle Breakout (Aug 7, 2015)

GBPUSD broke below the ascending triangle support on its 4-hour chart, signaling that price is in for more declines.

Forex Major Currencies Outlook (Aug 6, 2015)

USD

 
Despite mixed economic reports from the US, the dollar managed to advance against most of its forex counterparts in recent trading.

GBPUSD Super Thursday Consolidation (Aug 6, 2015)

GBPUSD is consolidating inside an ascending triangle pattern on its 4-hour chart ahead of today’s event risks.

Forex Major Currencies Outlook (Aug 5, 2015)

USD

The US dollar regained a bit of ground in recent trading, as economic data came in line with expectations.

AUDUSD Short-Term Pullback (Aug 5, 2015)

AUDUSD recently surged past the .7350 minor psychological resistance, which has served as a barrier towards the end of last month.

Forex Major Currencies Outlook (Aug 4, 2015)

USD
The US dollar continued to advance against its forex peers at the start of the week, despite weaker than expected data from the US economy.

CADJPY Triangle Breakout (Aug 4, 2015)

CADJPY had been trading inside a descending triangle pattern on its 4-hour time frame before the pair made a break below support.

EURUSD Descending Triangle (Aug 3, 2015)

EURUSD is currently testing the descending triangle resistance and might be due for a move back to the support at the 1.0850 minor psychological level.

Forex Major Currencies Outlook (Aug 3, 2015)

USD

The US dollar had a volatile trading day on Friday, as profit-taking took place at the end of the month.