Market Info

Forex Major Currencies Outlook (May 18, 2016)

USD 

The US dollar regained ground against its forex peers as data from the US economy came in mostly stronger than expected.

GBPJPY Triangle Formation (May 18, 2016)

GBPJPY has formed higher lows and lower highs, creating a symmetrical triangle pattern on its 4-hour time frame

Forex Major Currencies Outlook (May 17, 2016)

USD

The US dollar failed to establish a clear direction in recent trading sessions, as the lack of top-tier data left it sensitive to country-specific events.

EURGBP Head and Shoulders (May 17, 2016)

EURGBP could be in for a longer-term selloff, as a head and shoulders pattern is being completed on the pair's daily time frame.

Forex Major Currencies Outlook (May 16, 2015)

USD

The US dollar got a boost from risk aversion and stronger than expected reports on Friday. 

USDJPY Downtrend Correction (May 16, 2015)

USDJPY has been trending lower on its 4-hour chart, moving below a descending trend line connecting the latest highs of price action. 

Forex Major Currencies Outlook (May 13, 2016)

USD

The US dollar was in a weak spot in the earlier sessions but was able to get back in the game during the New York hours.

EURJPY Descending Triangle (May 13, 2016)

EURJPY has formed lower highs and found support at 122.25, creating a descending triangle pattern on its 4-hour time frame. 

Forex Major Currencies Outlook (May 12, 2016)

USD

The US dollar gave up ground to its forex counterparts as there were no major reports to give it any support yesterday. 

AUDUSD Long-Term Pullback (May 12, 2016)

AUDUSD recently broke above a double bottom neckline, signaling that a long-term uptrend might take place.