Market Info

Forex Major Currencies Outlook (Oct 30, 2015)

USD

The US dollar calmed down from its post-FOMC rallies as traders focused on other top-tier data.

EURJPY Retracement Play (Oct 30, 2015)

EURJPY recently broke below support at the 133.50 minor psychological mark then dipped to a low of 131.50 before pulling back up.

Forex Major Currencies Outlook (Oct 29, 2015)

USD

The US dollar enjoyed a strong rally after the FOMC announcement, as the central bank kept the door open for a rate hike in December.

GBPJPY Trend Setup (Oct 29, 2015)

GBPJPY has started to trend higher on the short-term time frames, with a rising channel just forming on the 4-hour and 1-hour charts.

Forex Major Currencies Outlook (Oct 28, 2015)

USD

The US dollar was all over the place in recent trading sessions, as it functioned as a counter currency. 

EURAUD Trend Retracement (Oct 28, 2015)

EURAUD has been trending lower on its 1-hour chart, moving below a falling trend line connecting the latest highs of price action. 

Forex Major Currencies Outlook (Oct 27, 2015)

USD

The US dollar had a mixed performance, as it reacted mostly to risk sentiment and a bit of profit-taking from the recent strong moves.

EURCHF Falling Trend Line (Oct 27, 2015)

EURCHF has been trading steadily lower on its 1-hour chart, as the recent highs of price action can be connected by a falling trend line.

Forex Major Currencies Outlook (Oct 26, 2015)

USD

The US dollar advanced against most of its peers on Friday, as the surprise rate cut by the Chinese central bank spurred a bit of risk aversion. 

EURJPY Long-Term Triangle (Oct 26, 2015)

EURJPY made a break below its symmetrical triangle last week but is still stuck in consolidation.