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Market Info

Forex Major Currencies Outlook (July 24, 2015)

USD

The US dollar advanced against most of its forex rivals as risk aversion set in when commodity prices continued to tumble. 

EURGBP Trend Line Pullback (July 24, 2015)

EURGBP has been trending lower on its 4-hour forex chart, with price moving below a descending trend line connecting the highs since May. 

Forex Major Currencies Outlook (July 23, 2015)

USD

The US dollar regained ground against its forex rivals, thanks to a selloff in commodities and a downturn in risk appetite. 

AUDJPY Short-Term Range (July 23, 2015)

AUDJPY has been moving sideways on the 1-hour time frame, finding support around the 91.00 major psychological level and resistance just above 92.00. 

Forex Major Currencies Outlook (July 22, 2015)

USD

The US dollar gave back some of its recent gains to its forex rivals, as traders probably booked their profits off their long positions. 

EURUSD Correction Setup (July 22, 2015)

After selling off in the past few days, EURUSD is making a correction to the 38.2% Fibonacci retracement level. 

Forex Major Currencies Outlook (July 21, 2015)

USD

The US dollar had a mixed performance as it gave up some ground to the commodity currencies but advanced against the yen and franc. 

NZDJPY Potential Reversal (July 21, 2015)

NZDJPY has formed a double bottom pattern on its 1-hour chart, signaling that a short-term reversal could be possible. 

Forex Major Currencies Outlook (July 20, 2015)

USD

The US dollar ended the previous week on a strong note, thanks to upbeat data from the economy. 

NZDUSD Potential Pullback (July 20, 2015)

NZDUSD could be in for a correction early this week, as the pair bounced off its recent lows around the .6500 major psychological level. 

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