Market Info

Forex Major Currencies Outlook (Nov 02, 2016)

USD

The US dollar gave up a lot of its recent gains as election-related uncertainties weighed on US markets.

AUDUSD Descending Channel (Nov 02, 2016)

AUDUSD is starting to trend lower on its 1-hour time frame, moving inside a descending channel and just bouncing off the resistance at .7650. 

Forex Major Currencies Outlook (Nov 01, 2016)

USD

The US dollar returned some of its recent gains as traders booked profits at the end of the month.

EURCAD Ascending Channel Resistance (Nov 01, 2016)

EURCAD has been trending higher on its 4-hour time frame and moving inside an ascending channel. 

Forex Major Currencies Outlook (Oct 31, 2016)

USD

The US dollar rallied then reversed on Friday, as traders reacted to a stronger than expected GDP reading then booked profits quickly. 

EURJPY Range Resistance (Oct 31, 2016)

EURJPY has been moving sideways on its 4-hour time frame and is making its way closer to the range resistance at the 116.00 major psychological level. 

Forex Major Currencies Outlook (Oct 28, 2016)

USD 

The US dollar resumed its climb against its peers, thanks to strong gains in US bond yields and mostly upbeat medium-tier data.

AUDUSD Double Top (Oct 28, 2016)

AUDUSD could be in for a quick reversal from its uptrend, as the pair formed a double top on its 1-hour time frame. 

Forex Major Currencies Outlook (Oct 27, 2016)

USD

The US dollar regained a bit of ground against its peers when most of its medium-tier releases came in better than expected. 

EURJPY Inverse Head and Shoulders (Oct 27, 2016)

EURJPY could be in for a reversal from its selloff, as the pair formed an inverse head and shoulders pattern on its 1-hour time frame.