Market Info

AUDUSD Retracement Setup (Nov 12, 2014)

After breaking below support at the .8700 major psychological level and dipping to the .8550 mark, AUDUSD has pulled up to the area of interest and may be due to resume its drop soon. 

Forex Major Currencies Outlook (Nov 11, 2014)

USD 

The US dollar had a mixed performance as it regained ground to the pound, euro, and yen but continued to weaken to the rest of its counterparts. 

AUDUSD Retracement Setup (Nov 11, 2014)

AUDUSD has recently broken below the .8700 major psychological support zone and dipped to the .8550 area before making a pullback. 

Forex Major Currencies Outlook (Nov 10, 2014)

USD

The US dollar gave up ground to its forex counterparts on Friday when the US non-farm payrolls figure missed expectations. 

GBPUSD Downtrend Resistance (Nov 10, 2014)

GBPUSD has been steadily moving lower, as a descending trend line can be drawn to connect the recent highs of price action. 

Forex Major Currencies Outlook (Nov 7, 2014)

USD

Dollar traders are gearing up for the release of the October NFP report in today’s US trading session, which could show a slightly slower pace of jobs gains. 

GBPAUD Potential Pullback (Nov 7, 2014)

GBPAUD recently made a strong upside break past resistance at the 1.8400 major psychological level and may be due for a retracement. 

Forex Major Currencies Outlook (Nov 6, 2014)

USD

The US dollar advanced to the pound and most of its major counterparts in recent trading, as data from the US came in mixed. 

GBPUSD Support Turned Resistance (Nov 6, 2014)

GBPUSD has recently broken below a significant support level, a sign that further losses could be in the cards. 

Forex Major Currencies Outlook (Nov 5, 2014)

USD

The US dollar returned some of its recent forex trading gains as traders booked profits ahead of the mid-term elections, which pose a risk to dollar trends.