Market Info

Forex Major Currencies Outlook (Aug , 03 2016)

USD

The US dollar lost a lot of ground to its forex peers in the New York trading session as risk appetite seemed to improve.

GBPUSD Triangle Breakout (Aug 03, 2016)

GBPUSD was previously consolidating inside a symmetrical triangle pattern on its 1-hour time frame before price decided to go for an upside breakout.

Forex Major Currencies Outlook (Aug 02, 2016)

USD

The US dollar managed to score gains against the comdolls on weaker oil prices and rate cut expectations.

EURJPY Channel Pullback (Aug 02, 2016)

EURJPY has been trending lower on its 1-hour time frame, moving inside a descending channel formation.

Forex Major Currencies Outlook (Aug 01, 2016)

USD

The US dollar gave up a lot of ground on Friday when its Q2 advanced GDP reading came in far below expectations.

GBPJPY Countertrend Setup (Aug 01, 2016)

GBPJPY has been trending lower on its 1-hour time frame, moving inside a descending channel.

Forex Major Currencies Outlook (July 29, 2016)

USD

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

GBPUSD Symmetrical Triangle (July 29, 2016)

GBPUSD has been forming higher lows and lower highs, creating a symmetrical triangle pattern on its 1-hour time frame. 

Forex Major Currencies Outlook (July 28, 2016)

USD

The US dollar had a volatile run during the actual FOMC statement as it initially rallied on an upbeat announcement but returned its recent gains and more when risk appetite picked up.

GBPJPY Support Turned Resistance (July 28, 2016)

GBPJPY recently broke below support at the 139.00 major psychological level then dipped to the 136.00 area before pulling up.