Market Info

Forex Major Currencies Outlook (Sept 11, 2015)

USD

The US dollar gave up further ground in recent trading sessions, as risk appetite continued to improve. 

GBPJPY Reversal Pattern (Sept 11, 2015)

The recent downtrend on GBPJPY might soon turn, as the pair formed an inverse head and shoulders reversal pattern on its 1-hour chart. 

Forex Major Currencies Outlook (Sept 10, 2015)

USD

The Greenback was in a weak spot in yesterday's trading sessions even though there were no major reports out of the US economy. 

USDCAD Descending Triangle (Sept 10, 2015)

USDCAD has been moving sideways for quite some time, but the pair seems to have formed lower highs on the 1-hour time frame. 

Forex Major Currencies Outlook (Sept 9, 2015)

USD

The US dollar returned its recent gains when US traders came back from their Labor Day holiday, possibly reacting to the bleak NFP release last Friday. 

USDCAD Short-Term Range (Sept 9, 2015)

USDCAD has been moving sideways on its 1-hour forex chart, finding resistance at the 1.3310 level and support at 1.3160. 

Forex Major Currencies Outlook (Sept 8, 2015)

USD

The US dollar chalked up small gains against its forex counterparts despite the lack of liquidity in yesterday's market. US traders were off on a Labor Day holiday and there were no reports from the US economy. 

EURCHF Channel Resistance (Sept 8, 2015)

EURCHF has been gradually trading higher, moving inside a shallow rising channel on its 1-hour time frame. 

Forex Major Currencies Outlook (Sept 7, 2015)

USD

The US dollar tossed and turned after the release of the jobs report, which indicated a weaker than expected headline figure of 173K versus the projected 225K reading. 

GBPJPY Retracement Play (Sept 7, 2015)

GBPJPY has been trending lower on its 1-hour time frame, with the 100 SMA treading below the longer-term 200 SMA and indicating that the selloff could continue.