Market Info

Forex Major Currencies Outlook (Jan 25, 2017)

USD

The US dollar regained some ground in recent trading as data came in mostly stronger than expected and the S&P 500 index reached record highs.

EURGBP Triangle Breakout Pullback (Jan 25, 2017)

EURGBP recently broke to the upside from an ascending triangle formation and zoomed up to a high of .8850.

Forex Major Currencies Outlook (Jan 24, 2017)

USD

The US dollar was still a big loser in recent sessions as traders seemed hesitant to bet on the economy with Trump taking the lead. 

USDJPY Countertrend Play (Jan 24, 2017)

USDJPY is trending lower on its 1-hour time frame, moving inside a descending channel and approaching support at the 111.50-111.75 area.

Forex Major Currencies Outlook (Jan 23, 2017)

USD 

The US dollar continued to edge down against its counterparts even after Trump's inauguration, as investors remained wary of fiscal policy plans and changes in trade relations.

EURUSD Long-Term Floor (Jan 23, 2017)

The 1.0400 handle seems to be holding as a long-term floor for EURUSD once more, as price bounced off this area and might now be headed back to the top of its range around 1.1500.

Forex Major Currencies Outlook (Jan 20, 2017)

USD

The US dollar failed to establish a clear direction in recent trading as it initially rallied on upbeat data but soon gave up its intraday gains. 

USDJPY Downtrend Channel (Jan 20, 2017)

USDJPY continues to trend lower on its 1-hour time frame, moving inside a descending channel connecting the latest highs and lows. 

Forex Major Currencies Outlook (Jan 19, 2017)

USD

The US dollar made a strong comeback in the forex arena, buoyed by upbeat data and hawkish remarks from Fed head Yellen. 

GBPJPY Downtrend Retracement (Jan 19, 2017)

GBPJPY has been trending lower since breaking below the head and shoulders neckline recently.