Market Info

Forex Major Currencies Outlook (May 6, 2015)

USD

The US dollar returned some of its recent wins as traders continue to price in downbeat expectations for the upcoming NFP release. 

USDJPY Range Resistance (May 6, 2015)

USDJPY is testing the top of the range forming on its 4-hour time frame, indicating that a move lower is likely.  

Forex Major Currencies Outlook (May 5, 2015)

USD

Most dollar pairs were stuck in consolidation at the start of the week, as most traders were still off on a May Day holiday and there were no major reports printed. 

GBPJPY Long-Term Triangle (May 5, 2015)

On its daily time frame, GBPJPY has formed lower highs and found support at the 176.00 major psychological level. 

Forex Major Currencies Outlook (May 4, 2015)

USD

The US dollar managed to make a bit of a recovery on Friday, despite weaker than expected data from the economy. 

AUDUSD Area of Interest (May 4, 2015)

AUDUSD previously broke past the resistance at the .7850 minor psychological level and climbed close to the .8100 major psychological level. 

Forex Major Currencies Outlook (May 1, 2015)

USD

The US dollar was finally able to make a bit of recovery against its forex counterparts, even though economic data came in mixed. 

GBPUSD Short-Term Uptrend (May 1, 2015)

GBPUSD is forming an uptrend on its 1-hour forex chart, as the recent lows can be connected by an ascending trend line. 

Forex Major Currencies Outlook (Apr 30, 2015)

USD 

The US dollar had a volatile New York trading session, thanks to the mixed signals from the FOMC statement. 

CADJPY Short-Term Uptrend (Apr 30, 2015)

CADJPY has been steadily climbing on its 1-hour forex chart, reflecting a short-term uptrend for the pair.