Market Info

Forex Major Currencies Outlook (Aug 21, 2015)

USD

The US dollar gave up ground to its forex rivals despite stronger than expected data from the economy. 

NZDUSD Range Resistance (Aug 21, 2015)

NZDUSD has been moving sideways for quite some time and is currently testing the top of its range on the 1-hour time frame. 

Forex Major Currencies Outlook (Aug 20, 2015)

USD

The US dollar suffered a sharp selloff after the release of the CPI and FOMC minutes since both seemed to show that a September rate hike might be pushed back further. 

AUDJPY Potential Breakout (Aug 20, 2015)

AUDJPY has been consolidating inside an ascending triangle for a while and is currently testing the bottom of the pattern. 

Forex Major Currencies Outlook (Aug 19, 2015)

USD

The US dollar had a mixed performance as it functioned as a counter currency in recent trading sessions. 

EURJPY Resistance Turned Support (Aug 19, 2015)

EURJPY recently broke past the resistance at the 137.00 major psychological level then moved close to the 139.00 mark. 

Forex Major Currencies Outlook (Aug 18, 2015)

USD

The US dollar regained a bit of ground in yesterday’s trading sessions, despite weaker than expected data from the economy. 

EURNZD Area of Interest (Aug 18, 2015)

EURNZD recently surged past the resistance around the 1.6800 major psychological level then zoomed up to a high of 1.7100. 

Forex Major Currencies Outlook (Aug 17, 2015)

USD

The US dollar had a mixed performance on Friday, as traders reacted mostly to currency-specific data and booked profits ahead of the weekend

NZDUSD Triangle Support (Aug 17, 2015)

NZDUSD got rejected in its test of the descending triangle resistance and is now moving back to the bottom around the .6500 major psychological level.