Market Info

Forex Major Currencies Outlook (June 01, 2016)

USD

The US dollar had a mixed performance as it advanced to comdolls and European currencies but lost ground to the yen.

EURGBP Descending Channel (June 01, 2016)

EURGBP has been trending lower recently but has just bounced off a descending channel that's forming on its 4-hour time frame.

Forex Major Currencies Outlook (May 31, 2016)

USD

The US dollar returned some of its recent gains as the absence of US traders on their Memorial Day holiday left the US session as a profit-taking opportunity.

USDJPY Rising Channel (May 31, 2016)

USDJPY has been trending higher recently, moving inside a rising channel pattern on the 1-hour time frame.

Forex Major Currencies Outlook (May 30, 2016)

USD

The US dollar regained ground against its peers when Fed Chairperson Yellen didn't sound too cautious in her testimony last Friday.

EURGBP Long-Term Area of Interest (May 30, 2016)

EURGBP has been selling off recently but it appears to be stalling at a longer-term correction level.

Forex Major Currencies Outlook (May 27, 2016)

USD

The US dollar returned some of its recent wins despite stronger than expected economic releases. 

NZDUSD Descending Channel (May 27, 2016)

NZDUSD has been trending lower on the short-term charts, moving inside a descending channel on the 1-hour time frame. 

Forex Major Currencies Outlook (May 26, 2016)

USD

The US dollar gave up some of its recent gains when risk appetite improved in recent trading sessions. 

EURUSD Descending Channel (May 26, 2016)

EURUSD has been trending lower on its 1-hour time frame, moving inside a descending channel connecting the latest highs and lows.