Market Info

Forex Major Currencies Outlook (June 29, 2016)

USD

The US dollar regained a bit of ground in the past few hours as the recovery in risk appetite failed to gain much traction.

AUDNZD Double Top (June 29, 2016)

AUDNZD confirmed a long-term reversal pattern, breaking below the neckline of its double top formation on the daily time frame.

Forex Major Currencies Outlook (June 28, 2016)

USD

The US dollar gapped up against most of its counterparts on Monday as risk aversion kicked into high gear.

EURCAD Descending Channel (June 28, 2016)

EURCAD has been trending lower on its 4-hour time frame, moving inside a descending channel.

Forex Major Currencies Outlook (June 27, 2016)

USD

The US dollar drew a lot of support on Friday after the EU referendum results were announced, as the Brexit inspired risk-off moves. 

AUDUSD Support Turned Resistance (June 27, 2016)

AUDUSD tested the .7650 minor psychological resistance before selling off sharply last week and a look at the daily time frame shows that this resistance is a long-term area of interest.

Forex Major Currencies Outlook (June 24, 2016)

USD

The US dollar scored strong gains on the heels of the EU referendum and better than expected US economic data. 

NZDUSD Channel Resistance Holding (June 24, 2016)

NZDUSD has been trending higher on its longer-term time frames but it appears to have hit a major road bump at the top of its ascending channel. 

Forex Major Currencies Outlook (June 23, 2016)

USD

The US dollar gave up more ground in recent trading sessions as risk appetite appeared to improve. 

EURUSD Rising Channel (June 23, 2016)

EURUSD seems to have bullish momentum on its side at the moment, as price is moving inside an ascending channel and bouncing off support.