Market Info

Forex Major Currencies Outlook (July 20, 2016)

USD

The US dollar got a boost from risk aversion in yesterday's sessions, thanks to the IMF's downgrades on global growth forecasts.

GBPUSD Reversal Pattern (July 20, 2016)

GBPUSD seems ready to resume its drop, as a head and shoulders pattern can be seen on its 1-hour time frame.

Forex Major Currencies Outlook (July 19, 2016)

USD

The US dollar was able to hold its ground against most of its forex peers when equity indices closed at all-time highs thanks to upbeat earnings data.

AUDUSD Trend Line Test (July 19, 2016)

AUDUSD has been trending higher on the short-term time frames, moving above a rising trend line connecting the recent lows of price action.

Forex Major Currencies Outlook (July 18, 2016)

USD

The US dollar regained a lot of ground against its forex counterparts during Friday's US trading session, thanks to stronger than expected retail sales reports. 

EURUSD Range Support (July 18, 2016)

EURUSD has been trading inside a range, moving between support at 1.1035 and resistance at 1.1150. 

Forex Major Currencies Outlook (July 15, 2016)

USD

The US dollar gave up ground as risk appetite improved in earlier trading sessions but soon recovered when US data came in strong. 

USDCHF Rising Channel (July 15, 2016)

USDCHF has been trending higher recently, moving inside a rising channel visible on its 1-hour and 4-hour charts. 

Forex Major Currencies Outlook (July 14, 2016)

USD

The US dollar regained a bit of ground against its forex peers as risk aversion returned to the markets. 

EURAUD Descending Channel (July 14, 2016)

EURAUD has been trending lower on its short-term and long-term time frames, but a potential opportunity to catch the downtrend has materialized on the 4-hour chart.