Market Info

Forex Major Currencies Outlook (Sept 18, 2015)

USD

The US dollar suffered a sharp selloff after the FOMC statement since the Fed refrained from hiking interest rates.

USDJPY Potential Breakout (Sept 18, 2015)

USDJPY has been making higher lows and lower highs, creating a symmetrical triangle on its 1-hour time frame.

Forex Major Currencies Outlook (Sept 17, 2015)

USD

The US dollar tossed and turned during the recent NY trading session, as traders treated the Greenback as a counter currency for their trades instead of picking a clear direction.

GBPAUD Double Top (Sept 17, 2015)

GBPAUD might be done with its long-term uptrend, as a reversal pattern can be seen on its 1-hour and 4-hour charts.

Forex Major Currencies Outlook (Sept 16, 2015)

USD

The US dollar gave up ground to some of its rivals because of weaker than expected retail sales figures.

NZDUSD Short-Term Reversal (Sept 16, 2015)

NZDUSD's recent downtrend might soon be over, as the pair is forming a double bottom reversal pattern on its 1-hour chart.

Forex Major Currencies Outlook (Sept 15, 2015)

USD

Dollar pairs had a mixed performance as traders hesitated to commit to any positions ahead of the FOMC statement later this week

AUDUSD Trend Retracement (Sept 15, 2015)

AUDUSD has been moving higher in the past few days but it could be a large correction from the longer-term downtrend.

Forex Major Currencies Outlook (Sept 14, 2015)

USD

The US dollar lost ground on Friday as risk appetite stayed strong until the end of the week. 

EURGBP Rectangle Pattern (Sept 14)

EURGBP is still moving sideways on its 1-hour forex chart, bouncing off support at the .7260 area and finding resistance at .7360.