Market Info

EURJPY Potential Reversal (Mar 18, 2015)

EURJPY might be done with its recent downtrend, as a short-term reversal pattern formed on its 1-hour time frame. 

Forex Major Currencies Outlook (Mar 17, 2015)

USD

The US dollar returned some of its recent wins to its counterparts as traders started easing off their long positions ahead of the FOMC statement this week. 

EURUSD Double Bottom (Mar 17, 2015)

EURUSD has been treading lower across all time frames but it seems that a short-term reversal might take place. 

Forex Major Currencies Outlook (Mar 16, 2015)

USD

The US dollar was a big winner last week, as risk aversion and the prospect of a Fed rate hike pushed the currency higher. 

EURAUD Head and Shoulders Breakdown (Mar 16, 2015)

EURAUD broke below the neckline support of its head and shoulders pattern on the daily time frame, indicating that the pair is in for longer-term declines. 

Forex Major Currencies Outlook (Mar 13, 2015)

USD

The US dollar gave back some of its recent wins when the retail sales report came in weaker than expected. 

AUDUSD Forex Correction (Mar 13, 2015)

AUDUSD has recently made a strong drop below a key support level near the .7750 minor psychological mark. 

Forex Major Currencies Outlook (Mar 12, 2015)

USD

The US dollar was unstoppable in its recent rallies, as it edged lower to the pound and the euro yesterday. 

EURCHF Descending Triangle Pattern (Mar 12, 2015)

EURCHF could be in for a break below its descending triangle pattern, as the ongoing quantitative easing program of the European Central Bank has been weighing on the shared currency. 

Forex Major Currencies Outlook (Mar 11, 2015)

USD

The US dollar continued with its climb to its major counterparts during the Asian session but gave back some of its recent days at the end of the day, as traders booked profits off key levels.