Market Info

Forex Major Currencies Outlook (Nov 9, 2015)

USD

The US dollar enjoyed a strong rally against its forex rivals on Friday, thanks to upbeat jobs data.

AUDUSD Range Support (Nov 9, 2015)

AUDUSD has broken below its mid-range area of interest and is now aiming for the bottom around the .6950 minor psychological level.

Forex Major Currencies Outlook (Nov 5, 2015)

USD

The US dollar was much stronger across the board, thanks to hawkish remarks from Fed Chairperson Yellen and support from FOMC members Brainard and Dudley. 

USDJPY Ranging Ahead of NFP (Nov 5, 2015)

USDJPY has been moving sideways on its 4-hour time frame, finding support at the 118.50 minor psychological level and testing resistance at the 121.50 mark. 

Forex Major Currencies Outlook (Nov 4, 2015)

USD

The US dollar had a mixed performance but was mostly in the green despite weak data. 

GBPUSD Descending Channel (Nov 4, 2015)

GBPUSD has been trending lower on its 4-hour and 1-hour charts, moving inside a descending channel pattern. 

Forex Major Currencies Outlook (Nov 3, 2015)

USD

The US dollar struggled to hold on to its recent gains when the ISM manufacturing PMI was released. 

USDJPY Descending Triangle (Nov 3, 2015)

USDJPY has been forming lower highs and testing support at the 120.50 minor psychological level, creating a descending triangle pattern visible on the short-term time frames. 

Forex Major Currencies Outlook (Nov 2, 2015)

USD

The US dollar gave up ground on Friday since most economic figures came in weak. 

NZDCAD Rising Channel (Nov 2, 2015)

NZDCAD has recently broken above a long-term double bottom formation, indicating that an uptrend is underway.