Market Info

GBPUSD Short-term Forex Range (Dec 17, 2014)

GBPUSD has been stuck in a range on its 1-hour time frame, as the pair found support at the 1.5600 major psychological level and resistance at the 1.5750 minor psychological mark. 

Forex Major Currencies Outlook (Dec 16, 2014)

USD

The US dollar had a mixed performance recently as it acted more as a counter currency to its forex rivals. 

EURUSD Symmetrical Triangle (Dec 16, 2014)

EURUSD is consolidating inside a symmetrical triangle pattern ahead of the top-tier events from both the euro zone and the US this week.

Forex Major Currencies Outlook (Dec 15, 2014)

USD 

The US dollar was in a weak spot last Friday, as data from the US economy came in mixed. 

EURGBP Rising Channel (Dec 15, 2014)

EURGBP has been moving inside a rising channel since the start of the month, as the uptrend might carry on. 

Forex Major Currencies Outlook (Dec 12, 2014)

USD

 The US dollar regained ground against most of its forex rivals in yesterday’s trading session, thanks to strong data from the economy. 

USDJPY SMA Crossover (Dec 12, 2014)

USDJPY may be due for a downtrend as the pair recently broke below the rising trend line on the 1-hour time frame and SMAs are crossing down. 

Forex Major Currencies Outlook (Dec 11, 2014)

USD

The US dollar was still in a weak spot in recent trading as the recent selloff sparked more profit-taking moves. 

AUDUSD Channel Resistance (Dec 11, 2014)

AUDUSD is moving up to test the channel resistance on its 4-hour time frame, as the top of the falling range lines up with the 200 simple moving average.

Forex Major Currencies Outlook (Dec 10, 2014)

USD

The US dollar suffered a sharp selloff against the Japanese yen but managed to hold on to some of its recent wins to its forex counterparts, as risk aversion weighed on higher-yielders.