Market Info

Forex Major Currencies Outlook (July 10, 2015)

USD

The US dollar returned most of its recent gains in yesterday’s trading sessions when risk appetite started to improve.

AUDUSD Retracement to .7600? (July 10, 2015)

AUDUSD bounced off its recent lows as risk appetite returned to the markets in the past few trading sessions.

Forex Major Currencies Outlook (July 9, 2015)

USD

The US dollar gave back some of its recent gains to its counterparts when the FOMC minutes contained no clear indication that the Fed was ready to hike in September.

NZDUSD 200 SMA Resistance (July 9, 2015)

NZDUSD has been on a strong downtrend in the past few weeks but price is pulling up to test a resistance level on its 1-hour time frame. 

Forex Major Currencies Outlook (July 8, 2015)

USD

The US dollar was able to benefit from risk-off flows once more, as the EU Summit resulted in an ultimatum for Greece to accept the bailout proposal or exit the euro zone. 

USDCHF Long-Term Triangle (July 8, 2015)

USDCHF is currently testing the resistance of the symmetrical triangle visible on its daily forex chart. 

Forex Major Currencies Outlook (July 7, 2015)

USD

The US dollar stayed supported at the start of the week after most of its currency counterparts were able to fill the gap from the weekend. 

EURUSD Reversal Signal (July 7 2015)

EURUSD has had trouble breaking past the 1.1400 major psychological barrier and has formed a double top pattern on its 4-hour chart. 

Forex Major Currencies Outlook (July 6, 2015)

USD

The US dollar was off to a running start this week as risk aversion settled in the markets.

USDJPY Descending Channel (July 6, 2015)

After the huge weekend gap, USDJPY was able to test support at the bottom of the channel near the 121.50 minor psychological level.