Market Info

AUDCAD Symmetrical Triangle (Mar 4, 2015)

AUDCAD could be in for a breakout soon, as price is approaching the peak of its symmetrical triangle pattern on the 4-hour time frame. 

Forex Major Currencies Outlook (Mar 3, 2015)

USD

The US dollar continued its advance against most of its major counterparts, as risk aversion stayed in the market at the start of the week. 

EURCAD Retracement Setup (Mar 3, 2015)

EURCAD seems to be bouncing off its recent lows and may be due for a correction to the broken support level at the 1.4100 major psychological level. 

Forex Major Currencies Outlook (Mar 2, 2015)

USD

The US dollar is off to a strong start this week after ending higher against most of its forex counterparts last week. 

NZDUSD Corrective Wave (Mar 2, 2015)

NZDUSD seems to have completed its corrective wave, as price is finding resistance at the 61.8% Fibonacci retracement level on the 4-hour chart. 

Forex Major Currencies Outlook (Feb 27, 2015)

USD

The US dollar staged a strong rally against its forex counterparts when a couple of Fed officials gave a hawkish bias in their recent testimonies. 

GBPUSD Ascending Channel (Feb 27, 2015)

GBPUSD just bounced off resistance at the rising channel on its 1-hour forex chart and is currently testing the bottom of the range. 

Forex Major Currencies Outlook (Feb 26, 2015)

USD

The US dollar struggled to hold its ground in recent trading, as data came in stronger than expected. 

AUDJPY Retracement Setup (Feb 26, 2015)

AUDJPY recently made a strong break past the 93.50 minor psychological resistance then zoomed up to the 94.00 handle. 

Forex Major Currencies Outlook (Feb 25, 2015)

USD

The US dollar suffered a sudden selloff in yesterday’s New York trading session, as Fed head Janet Yellen’s testimony forced market participants to push back rate hike expectations.