Market Info

Forex Major Currencies Outlook (Dec 7, 2015)

USD

The US dollar managed to make a quick rebound on Friday, thanks to upbeat jobs data. 

EURAUD Downtrend Setup (Dec 7, 2015)

EURAUD has been in a steady downtrend on its longer-term time frames, with a descending trend line connecting the latest highs of price action. 

Forex Major Currencies Outlook (Dec 4, 2015)

USD

The US dollar had a late rally during the New York trading session as Fed Chairperson Yellen reiterated her hawkish bias

GBPAUD Trend Line Correction (Dec 4, 2015)

GBPAUD has been on a steady downtrend but just enjoyed a nice pop higher after the release of today's set of data from Australia and the UK.

AUDUSD Ascending Trend Line (Dec 3, 2015)

AUDUSD has been moving in a steady uptrend, trading above an ascending trend line connecting the latest lows of price action.

Forex Major Currencies Outlook (Dec 3, 2015

USD

The US dollar continued to give up ground during the earlier trading sessions but made a bit of a recovery later on.

Forex Major Currencies Outlook (Dec 2, 2015)

USD

The US dollar had a rough trading day, as the downbeat ISM manufacturing PMI forced the currency to retreat.

GBPJPY Double Bottom (Dec 2, 2015)

GBPJPY could be in for a strong rally, as a reversal pattern can be seen on its 1-hour time frame.

Forex Major Currencies Outlook (Dec 1, 2015)

USD

The US dollar made a few wins and losses here and there, as the currency seemed to react to country-specific events. 

USDJPY Range Resistance (Dec 1, 2015)

USDJPY has been moving sideways on the short-term time frames, still waiting for more catalysts to spur a trend in either direction.