Market Info

Forex Major Currencies Outlook (June 10, 2015)

USD

The US dollar marked its second day of losses against most of its forex rivals, despite better than expected data from the US economy. 

EURJPY Short-Term Range (June 10, 2015)

EURJPY has been moving sideways since the start of the month, as price found support at the 139.00 major psychological level and resistance near 141.00. 

Forex Major Currencies Outlook (June 9, 2015)

USD

The US dollar returned some of its recent wins at the start of the week since there were no reports from the US economy to keep the momentum sustained. 

GBPUSD Short-Term Reversal (June 9, 2015)

GBPUSD could be done with its short-term selloff since the pair is creating a double bottom reversal formation on its 1-hour time frame. 

Forex Major Currencies Outlook (June 8, 2015)

USD

The US dollar surged against its forex rivals on Friday, thanks to a strong NFP report. 

GBPUSD Reversal Pattern (June 8, 2015)

GBPUSD could turn from its recent uptrend, as the pair is forming a reversal pattern on its 4-hour chart. 

Forex Major Currencies Outlook (June 5, 2015)

USD

The US dollar managed to regain a bit of ground in recent trading, as forex traders booked profits off their short positions ahead of today’s NFP release. 

GBPUSD Trend Line Pullback (June 5, 2015)

GBPUSD has been trading in a downtrend recently, creating a descending trend line on its 4-hour forex chart. 

Forex Major Currencies Outlook (June 4, 2015)

USD

The US dollar had a tough time holding on to its gains yesterday and even gave up ground to the euro. 

EURCAD Reversal Confirmation (June 4, 2015)

EURCAD recently formed an inverse head and shoulders pattern on its daily time frame, indicating that the pair is already exhausted from its dive