Market Info

Forex Major Currencies Outlook (Oct 26, 2017)

USD

The US dollar was mostly supported by stronger than expected housing data, along with strong contributions from durable goods orders.

GBPAUD Triangle Resistance (Oct 26, 2017)

GBPAUD has been on a strong climb recently and may have enough momentum to break past its symmetrical triangle resistance around 1.7200.

Forex Major Currencies Outlook (Oct 25, 2017)

USD

The US dollar tossed and turned as the lack of top-tier data left traders extra sensitive to updates from Washington.

GBPJPY Channel Support (Oct 25, 2017)

GBPJPY has been trending higher on its short-term time frames, moving inside an ascending channel on its 1-hour chart.

Forex Major Currencies Outlook (Oct 24, 2017)

USD

The US dollar rallied then reversed to start the week as equities ended the day in the red on weaker tech and industrials performance.

GBPAUD Descending Channel (Oct 24, 2017)

GBPAUD has been trending lower, moving inside a descending channel on its 4-hour chart.

Forex Major Currencies Outlook ( October 23 2017)

USD

The US dollar was mostly stronger at the end of the previous week as medium-tier data came in better than expected. 

USDJPY Descending Triangle Breakout (October 23 2017)

Yen bears came out in full force after the elections in Japan over the weekend, causing USD/JPY to break past the descending triangle resistance. 

Forex Major Currencies Outlook (Oct 20, 2017)

USD 

The US dollar held steady for the most part of the day as traders waited to find out how Trump's meeting with Yellen went.

GBPAUD Broken Triangle Pullback (Oct 20, 2017)

GBPAUD recently dropped below the descending triangle support at 1.6800, signaling that further losses are in the cards.