Market Info

Forex Major Currencies Outlook (Aug 31, 2017)

USD 

The dollar got a strong boost from a flurry of upbeat reports and talks of tax reform from Trump.

USDCAD Reversal Formation (Aug 31, 2017)

USDCAD seems to be done with its selloff as price is forming a double bottom pattern on its 4-hour time frame.

Forex Major Currencies Outlook (Aug 30, 2017)

USD 

The US dollar lost ground upon hearing news of North Korea's missile launch, worrying that a nuclear strike on Guam isn't far off.

GBPJPY Triangle Retest (Aug 30, 2017)

GBPJPY recently broke below the bottom of its ascending triangle visible on the daily time frame, signaling that a long-term selloff is in order.

Forex Major Currencies Outlook (Aug 29, 2017)

USD 

The dollar dipped lower against its rivals at the start of the week as Hurricane Harvey weighed heavily on energy stocks and US equity indices.

EURCAD Inverse Head and Shoulders (Aug 29, 2017)

EURCAD seems ready to go for a move higher as it formed an inverse head and shoulders pattern on its daily time frame.

Forex Major Currencies Outlook (Aug 28, 2017)

USD

The US dollar took a hit after the Jackson Hole speeches as Yellen expressed some concerns about inflation, downplaying hopes of a Fed rate hike in September. 

NZDJPY Support Turned Resistance (Aug 28, 2017)

NZDJPY recently broke below support at the 79.50 minor psychological level then dipped to the 78.50 mark. 

Forex Major Currencies Outlook (Aug 25, 2017)

USD 

The dollar traded mostly sideways as traders are taking it easy ahead of Yellen's Jackson Hole speech.

EURCAD Bearish Channel (Aug 25, 2017)

EURCAD is trending lower and is moving inside a short-term descending channel visible on the 1-hour chart.