Market Info

Forex Major Currencies Outlook (Apr 19, 2016)

USD

The US dollar returned most of its recent wins when risk appetite returned to the markets in the latter trading sessions.

USDJPY Reversal Pattern (Apr 19, 2016)

USDJPY has bounced off support near the 108.00 major psychological level once more, creating a double bottom formation on the 1-hour time frame.

Forex Major Currencies Outlook (Apr 18, 2016)

USD

 The US dollar gave up ground on profit-taking and weak data on Friday.

USDCAD Trend Setup (Apr 18, 2016)

USDCAD has been trading inside a descending channel on its 1-hour time frame and has just bounced off support.

Forex Major Currencies Outlook (Apr 14, 2016)

USD

The US dollar regained ground against its counterparts despite weak economic data. 

GBPNZD Downtrend Pullback (Apr 14, 2016)

GBPNZD has been trending lower on its 1-hour time frame, with a descending trend line connecting the latest highs of price action. 

Forex Major Currencies Outlook (Apr 13, 2016)

USD

The US dollar had another mixed performance, as it gave up ground to the comdolls but was able to hold steady against the European currencies. 

USDCAD Countertrend Setup (Apr 13, 2016)

USDCAD has been trending lower, moving inside a descending channel pattern on its 4-hour time frame. 

Forex Major Currencies Outlook (Apr 12, 2016)

USD

The US dollar had a quiet day as traders hesitated to take large positions with a Fed special closed meeting scheduled. 

GBPJPY Major Retracement (Apr 12, 2016)

GBPJPY has been trending lower on the longer-term time frames but it looks like a retracement is in order.