Market Info

Forex Major Currencies Outlook (Feb 25, 2015)

USD

The US dollar suffered a sudden selloff in yesterday’s New York trading session, as Fed head Janet Yellen’s testimony forced market participants to push back rate hike expectations. 

GBPUSD Rising Channel Resistance (Feb 25, 2015)

GBPUSD is currently trading in an uptrend, as a rising channel can be drawn on its 1-hour forex chart. 

Forex Major Currencies Outlook (Feb 24, 2015)

USD

The US dollar regained ground on risk aversion in yesterday’s trading sessions, as there have been no positive updates on the Greek debt negotiations so far. 

USDCAD Triangle Resistance (Feb 24, 2015)

USDCAD is still stuck inside the descending triangle forex pattern on its 1-hour chart, as price just bounced off the bottom and is now testing the resistance. 

Forex Major Currencies Outlook (Feb 23, 2015)

USD

The US dollar gave up a bit of ground on Friday when risk sentiment picked up on the heels of a last-minute compromise between Greek officials and its EU creditors. 

GBPJPY Range Setup (Feb 23, 2015)

GBPJPY has been moving sideways recently, bouncing off support near the 182.00 major psychological level and heading towards resistance at the 184.00 major psychological mark. 

Forex Major Currencies Outlook (Feb 20, 2015)

USD

The US dollar regained a bit of ground in yesterday’s trading sessions, as risk aversion extended its stay in the markets. 

USDCAD Triangle Resistance (Feb 20, 2015)

USDCAD recently bounced off the bottom of the descending triangle on its 1-hour forex chart and is making its way to the top. 

Forex Major Currencies Outlook (Feb 19, 2015)

USD

The US dollar had a sharp selloff after the minutes of the latest FOMC meeting were released. 

NZDUSD Rising Wedge Pattern (Feb 19, 2015)

NZDUSD is moving inside a rising wedge pattern on its 1-hour forex chart and is currently testing the top of the range.