Market Info

Forex Major Currencies Outlook (July 3, 2015)

USD

The US dollar suffered a sharp selloff against its forex rivals in recent trading, thanks to weaker than expected NFP data. 

USDJPY Descending Channel (July 3, 2015)

USDJPY was rejected at the resistance of the descending channel on its 1-hour time frame, which suggests that the selloff could resume. 

Forex Major Currencies Outlook (July 2, 2015)

USD

The US dollar managed to advance against most of its major counterparts, as risk aversion stayed in the financial markets. 

GBPUSD Trend Line (July 2, 2015)

GBPUSD is currently testing the rising trend line connecting the recent lows of price action on the 4-hour time frame. 

Forex Major Currencies Outlook (July 1, 2015)

USD

The US dollar regained a bit of ground on risk aversion after Greece defaulted on its loan to the IMF. 

AUDUSD Range Resistance (July 1, 2015)

AUDUSD recently bounced off its long-term support at the .7600 major psychological level and could be ready to test the top of the range again. 

Forex Major Currencies Outlook (June 30, 2015)

USD

The US dollar had a mixed performance, although it was generally weaker against most currencies at the end of the day. 

EURGBP Trend Pullback (June 30, 2015)

EURGBP recently broke below the .7100 key support level, indicating that sellers are ready to push the pair lower. 

Forex Major Currencies Outlook (June 29, 2015)

USD

The US dollar was off to a strong start this week, thanks to risk aversion stemming from the weekend events. 

EURUSD Triangle Breakout (June 29, 2015)

EURUSD finally broke out of its triangle consolidation pattern visible on longer-term time frames, signaling that the pair is ready for more declines.