Market Info

AUDUSD Head and Shoulders (Nov 19, 2014)

AUDUSD has recently been on a short-term climb, but it looks like the rally could be reversed now that a head and shoulders pattern formed on its 1-hour forex time frame. 

Forex Major Currencies Outlook (Nov 18, 2014)

USD

The US dollar regained ground in recent trading, despite weaker than expected reports from the economy.

EURGBP Long-Term Reversal (Nov 18, 2014)

EURGBP has been falling for the past few months but a reversal pattern has just formed on its daily chart. 

Forex Major Currencies Outlook (Nov 17, 2014)

USD

Profit-taking and risk appetite combined forces to weigh on the US dollar last Friday, even as the economy posted stronger than expected reports. 

GBPUSD Descending Trend Line (Nov 17, 2014)

GBPUSD looks prime for a pullback as price found support around the 1.5600 major psychological level. 

Forex Major Currencies Outlook (Nov 14, 2014)

USD 

The US dollar was able to squeeze out small gains to its forex counterparts, extending its rally to the yen and the pound. 

EURUSD Potential Breakout (Nov 14, 2014)

EURUSD has been moving inside a symmetrical triangle pattern since the start of the month, creating higher lows and lower highs. 

Forex Major Currencies Outlook (Nov 13, 2014)

USD

The US dollar had a mixed performance as it gained ground to the European currencies and the yen while giving up gains to the commodity currencies. 

USDJPY Ascending Trend Channel (Nov 13, 2014)

USDJPY has been moving in a strong uptrend, with a short-term rising channel forming on its 1-hour time frame. 

Forex Major Currencies Outlook (Nov 12, 2014)

USD

The US dollar gave back some of its recent gains to its forex counterparts as US traders were off on a Veterans Day holiday yesterday.