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Forex Major Currencies Outlook (Apr 15, 2015)

USD

The US dollar suffered a sharp selloff in recent trading after the country’s retail sales figures came in short of expectations. 

USDJPY Ascending Channel (Apr 15, 2015)

USDJPY has been slowly trending higher on its 1-hour time frame, as the pair is creating an ascending channel on the chart. 

Forex Major Currencies Outlook (Apr 14, 2015)

USD

The US dollar continued to gain ground in the earlier trading sessions but gave up some of its wins during the New York hours. 

GBPAUD Correction Wave (Apr 14, 2015)

GBPAUD has recently broken below support at the 1.9350 minor psychological level and is making a correction from the selloff. 

Forex Major Currencies Outlook (Apr 13, 2015)

USD

The US dollar continued to advance against its forex counterparts, thanks to risk aversion extending its stay in the financial markets. 

EURNZD Retracement Play (Apr13, 2015)

EURNZD recently broke below the 1.4300 major psychological support level and dipped to the 1.4100 area before pulling up. 

Forex Major Currencies Outlook (Mar 27, 2015)

USD

The US dollar made a bit of a recovery to its forex counterparts in recent trading, as data from the US economy came in stronger than expected again. 

EURGBP Ascending Trend Line (Mar 27, 2015)

EURGBP has been trading in a short-term uptrend for most of the month, as an ascending trend line can be drawn to connect its recent lows. 

Forex Major Currencies Outlook (Mar 26,2015)

USD

The US dollar continued to edge lower to most of its major counterparts as more and more traders have been booking profits off their long positions at the end of the month and quarter. 

EURNZD Reversal Formation (Mar 26, 2015)

EURNZD’s recent downtrend might soon be over, as the pair formed a reversal pattern on its 4-hour chart.