Market Info

Forex Major Currencies Outlook (Feb 18, 2016)

USD 

The US dollar had a volatile run during the release of the FOMC minutes but was mostly unchanged against its counterparts, except for the commodity currencies.

NZDUSD Broken Triangle Pullback (Feb 18, 2016)

NZDUSD had previously been trading inside a symmetrical triangle formation but broke to the downside. 

Forex Major Currencies Outlook (Feb 17, 2016)

USD 

The US dollar was off to a strong start when risk appetite waned in the earlier trading sessions. 

GBPUSD Bearish Flag (Feb 17, 2016)

GBPUSD suffered a sharp selloff in recent trading and is currently consolidating. 

Forex Major Currencies Outlook (Feb 16, 2016)

USD

The Greenback was mostly a counter currency in recent trading sessions, as US traders were off on a President's Day holiday

EURAUD Rising Channel Bounce (Feb 16, 2016)

EURAUD has been trending higher these days and is moving inside a rising channel on its 4-hour time frame. 

Forex Major Currencies Outlook (Feb 15, 2016)

USD

The US dollar was able to rebound on Friday, thanks to upbeat retail sales figures and profit-taking off short positions ahead of the weekend. 

USDJPY Downtrend Setup (Feb 15, 2016)

USDJPY has been trending lower in the past few days, moving below a descending trend line on its 1-hour time frame. 

Forex Major Currencies Outlook (Feb 12, 2016)

USD

The US dollar was unable to take a lot of advantage of the safe-haven flows yesterday as Fed Chairperson Yellen warned that central bank officials are watching exchange rates closely before making any monetary policy adjustments.

EURJPY Countertrend Setup (Feb 12, 2016)

EURJPY has been trending lower on its longer-term time frames but the opportunity for a countertrend setup is emerging.