Market Info

Forex Major Currencies Outlook (Dec 08, 2017)

USD 

The US dollar stayed strongly supported for the most part of the day thanks, in part, to Congress' moves to avert a government shutdown.

USDJPY Inverse Head and Shoulders (Dec 08, 2017)

USDJPY could be in for more gains from here as price broke past the neckline of its inverse head and shoulders formation.

Forex Major Currencies Outlook (Dec 07, 2017)

USD 

The US dollar was able to advance against most of its peers on tax reform optimism, relatively good data, and risk-off flows.

EURJPY Channel Support (Dec 07, 2017)

EURJPY is still trading inside its shallow descending channel visible on the 4-hour time frame and is making its way back down to support at 131.50.

Forex Major Currencies Outlook (Dec 06, 2017)

USD 

The dollar managed to snag some wins even after data was weaker than expected.

EURAUD Pullback to Broken Support (Dec 06, 2017)

EURAUD recently broke below its ascending channel bottom around 1.5600-1.5650 then hit a low of 1.5500 before pulling up.

Forex Major Currencies Outlook (Dec 05, 2017)

USD 

The US dollar rallied then reversed on tax bill developments and jitters over the investigation into Trump's dealings with Russia.

AUDUSD Short-Term and Long-Term Channel (Dec 05, 2017)

AUDUSD is currently trading inside an ascending channel on its daily time frame and is testing support.

Forex Major Currencies Outlook (Dec 04, 2017)

USD

The US dollar had a volatile run on Friday as updates on tax reform and the ongoing investigation into Trump's dealings with Russia pushed the currency around.

EURAUD Short-Term Channel (Dec 04, 2017)

EURAUD has been trending higher on its 1-hour chart and is moving inside an ascending channel.