Market Info

Forex Major Currencies Outlook (Mar 15, 2017)

USD

The US dollar edged slightly higher against its peers as traders are pricing in expectations for a Fed rate hike in today's FOMC statement.

EURJPY Channel Pullback (Mar 15, 2017)

EURJPY recently broke out of its descending channel pattern, signaling a reversal from the selloff.

Forex Major Currencies Outlook (Mar 14, 2017)

USD

The dollar is tossing and turning ahead of the FOMC statement this week and the lack of top-tier data yesterday kept price action subdued.

EURAUD Rising Channel (Mar 14, 2017)

EURAUD is starting to trend higher these days, moving inside a rising channel connecting the latest highs and lows of price action.

Forex Major Currencies Outlook (Mar 13, 2017)

USD

The US dollar was able to end the week strong as the NFP report printed a stronger than expected 235K increase versus the estimated 188K gain and the earlier month's reading, which was upgraded from 227K to 238K.

AUDUSD Pullback Setup (Mar 13, 2017)

AUDUSD has been trending lower on its 1-hour time frame, moving below a descending trend line connecting the latest highs of price action.

Forex Major Currencies Outlook (Mar 10, 2017)

USD

The US dollar is treading carefully ahead of today's NFP release. Analysts are expecting to see a 188K gain, lower than the earlier 227K increase, but leading indicators such as the ADP non-farm employment change are hinting at an upside surprise.

GBPJPY Descending Channel (Mar 10, 2017)

GBPJPY has formed lower highs and lower lows, moving inside a descending channel on the 1-hour chart.

Forex Major Currencies Outlook (Mar 09, 2017)

USD

The US dollar raked in another round of gains when the ADP non-farm employment change figure beat expectations with a 298K versus the projected 188K figure.

EURUSD Approaching Range Support (Mar 09, 2017)

EURUSD is making its way to the bottom of its longer-term range at the 1.0500 major psychological level and might be due for a bounce.