Market Info

Forex Major Currencies Outlook (May 04, 2016)

USD

The US dollar made a strong recovery in recent sessions, although there were no reports out of the US economy then

EURAUD Double Bottom Pattern (May 04, 2016)

EURAUD could be in for a reversal from its selloff, as price formed a double bottom pattern on the 4-hour time frame and broke above the neckline

Forex Major Currencies Outlook (May 03, 2016)

USD

The US dollar gave up ground to most of its peers when data came in below expectations.

NZDUSD Countertrend Idea (May 03, 2016)

NZDUSD has been trending higher on its 4-hour time frame, moving inside an ascending channel patter.

Forex Major Currencies Outlook (May 2, 2015)

USD

The US dollar chalked up a mixed performance on Friday, as it advanced to the comdolls but gave up ground to the euro, franc, and yen. 

EURGBP Correction Setup (May 2, 2015)

EURGBP recently made a break below a rising trend line, indicating that price was in for a reversal. 

Forex Major Currencies Outlook (Apr 29, 2016)

USD

The US dollar gave up more ground to its peers when the US advance GDP turned out to be a disappointment. 

EURJPY Testing Major Support (Apr 29, 2016)

EURJPY has been moving sideways on its 4-hour time frame, finding resistance around 127.50 and support at the 122.00 major psychological level. 

Forex Major Currencies Outlook (Apr 27, 2016)

USD

The US dollar retreated to most of its forex peers on downbeat data released yesterday. 

NZDUSD Bullish Divergence (Apr 27, 2016)

NZDUSD has been trending higher and moving inside an ascending channel on its 4-hour chart.