Market Info

Forex Major Currencies Outlook (Nov 16, 2015)

USD 

The US dollar pared most of its gains for the weak when retail sales figures missed expectations. 

USDJPY Trend Line Support (Nov 16, 2015)

USDJPY sold off on Friday but is currently testing support at a rising trend line connecting the lows on the 1-hour time frame. 

Forex Major Currencies Outlook (Nov 13, 2015)

USD

The US dollar weakened in recent trading sessions, as Fed Chairperson Yellen refrained from sharing any monetary policy hints in her latest testimony.

AUDCAD Long-Term Channel Bounce (Nov 13, 2015)

AUDCAD is slowly trending higher on its 4-hour time frame, just having bounced off the bottom of the range at the .9300 major psychological level.

Forex Major Currencies Outlook (Nov 12, 2015)

USD

The US dollar was in for a slow trading day, as banks were closed on Veterans' Day and there were no top-tier reports released.

GBPAUD Head and Shoulders (Nov 12, 2015)

GBPAUD could be in for a long-term reversal, as a head and shoulders pattern has formed on its 4-hour forex chart.

Forex Major Currencies Outlook (Nov 11, 2015)

USD

The US dollar gave up some of its recent gains when medium-tier data came in weaker than expected.

EURGBP Long-Term Range (Nov 11, 2015)

EURGBP is hovering at the bottom of its long-term range, ready to make a bounce off support or a breakdown depending on how data turns out.

Forex Major Currencies Outlook (Nov 10, 2015)

USD

The US dollar had a pretty quiet trading day, as traders calmed down from the NFP volatility.

GBPAUD Uptrend Channel (Nov 10, 2015)

GBPAUD has been trending higher on its 4-hour chart, moving inside a rising channel visible on that time frame.