Market Info

Forex Major Currencies Outlook (Jun 14, 2017)

USD

The dollar was able to hold its ground as traders are pricing in a relatively upbeat FOMC statement.

GBPJPY Downtrend Channel (Jun 14, 2017)

GBPJPY just bounced off its channel support again and could be gearing up for a correction to the resistance at the 141.50 minor psychological mark.

Forex Major Currencies Outlook (June 13, 2017)

USD

The dollar took in some losses against its rivals as the tech sector tumble on Wall Street dragged sentiment down.

EURGBP Range Breakout (June 13, 2017)

EURGBP was previously trading inside a range with support around .8400 and resistance at .8800. 

Forex Major Currencies Outlook (June 12, 2017)

USD

The US dollar regained some ground against its peers as risk aversion kicked in after the UK elections.

GBPJPY Channel Support (June 12, 2017)

Guppy sold off sharply upon testing the channel resistance on its 4-hour time frame and is now hovering around support. 

Forex Major Currencies Outlook (Jun 09, 2017)

USD

The US dollar steadied throughout the day as traders didn't see any surprises from the Comey testimony. 

NZDJPY Double Bottom Breakout (Jun 09, 2017)

NZDJPY could be in for a long-term climb as it broke past the neckline of its double bottom pattern on the daily time frame. 

Forex Major Currencies Outlook (Jun 08, 2017)

USD

The dollar regained some ground when the text of Comey's opening statement was released on the Senate website.

EURCAD Rising Wedge Still Intact (Jun 08, 2017)

EURCAD recently sold off to the bottom of its wedge formation on the 4-hour time frame then bounced right back to the top.