Market Info

Forex Major Currencies Outlook (Apr 29, 2015)

USD

Dollar traders seem to be reducing their long positions ahead of the FOMC interest rate statement in today’s US session, as the currency gave up more ground to its forex counterparts. 

NZDUSD Rising Wedge Resistance (Apr 29, 2015)

NZDUSD might be ready for another short-term selloff, as the pair is testing the rising wedge resistance on its 4-hour time frame. 

Forex Major Currencies Outlook (Apr 28, 2015)

USD

The US dollar was pushed around in recent trading but still ended up mostly weaker to its forex counterparts. 

AUDUSD Long-Term Reversal (Apr 28, 2015)

AUDUSD is once again testing the neckline of the complex double bottom pattern on its 4-hour time frame. 

Forex Major Currencies Outlook (Apr 27, 2015)

USD

The US dollar gave up more ground on Friday as risk appetite improved and data from the US economy came in mixed. 

NZDUSD Correction Play (Apr 27, 2015)

NZDUSD is showing signs of a pullback on its short-term time frames, as price bounced off the .7550 minor psychological support and is retreating to the Fibonacci levels on the latest swing high and low. 

Forex Major Currencies Outlook (Apr 24, 2015)

USD

The dollar returned its recent gains once more when US data surprised to the downside yesterday. 

AUDNZD Reversal Signal (Apr 24, 2015)

AUDNZD formed a reversal pattern on its 4-hour chart, hinting that the long-term downtrend might soon turn. 

Forex Major Currencies Outlook (Apr 23, 2015)

USD

The US dollar had a mixed performance in recent trading, as it regained ground to the franc and yen but weakened against the euro and the pound

EURNZD Moving Average Resistance (Apr 23, 2015)

EURNZD has been in a steady downtrend but the pair is starting to make a correction on its 4-hour forex chart.