Market Info

EURUSD Double Top Formation (Oct 15, 2014)

EURUSD may be in for another set of losses, as the pair formed a reversal chart pattern on its 1-hour time frame. 

Forex Major Currencies Outlook (Oct 14, 2014)

USD

The US dollar gave back some of its recent gains again, as range-bound behavior seems to be influencing most forex pairs. 

AUDUSD Reversal Chart Formation (Oct 14, 2014)

AUDUSD appears to be forming a reversal chart pattern on its 4-hour time frame, indicating that the downtrend is already over. 

Forex Major Currencies Outlook (Oct 13, 2014)

USD

The US dollar regained ground last week as risk aversion dominated the financial markets, in the wake of a worsening Ebola crisis and geopolitical tensions in Hong Kong. 

EURJPY Descending Triangle Breakdown (Oct 13, 2014)

EURJPY looks poised for more losses, as the pair recently broke below the descending triangle support on its daily time frame. 

Forex Major Currencies Outlook (Oct 10, 2014)

USD

The US dollar managed to recover some of its recent losses, as data from the economy came in stronger than expected. 

GBPNZD Retracement Play (Oct 10, 2014)

GBPNZD has been on a strong uptrend in the past few weeks, as diverging monetary policy biases have driven the pair to the 2.1000 levels. 

Forex Major Currencies Outlook (Oct 9, 2014)

USD 

The US dollar got hit by a wave of selling in recent trading, as the FOMC minutes turned out to be dovish. 

EURUSD Major Correction (Oct 9, 2014)

EURUSD seems to have capped off its selloff, as price is now retreating from the 1.2500 levels to the 1.2700 area. 

Forex Major Currencies Outlook (Oct 8, 2014)

USD

The US dollar had trouble getting back on its feet in yesterday’s trading sessions as most traders were still in profit-taking mode.