Market Info

Forex Major Currencies Outlook (June 26, 2015)

USD

The US dollar consolidated against most of its FX trading rivals in recent sessions, as data from the economy came in mixed.

USDJPY Range Forming (June 26, 2015)

USDJPY is starting to move sideways on its 1-hour time frame, as resistance at the 124.25 level held.

Forex Major Currencies Outlook (June 25, 2015)

USD

The US dollar was able to advance against some of its counterparts yesterday but gave up most of its recent gains in today’s Asian trading session. 

GBPAUD Ascending Trend Line (June 25, 2015)

GBPAUD has been forming higher lows, creating an uptrend on its 4-hour time frame. 

Forex Major Currencies Outlook (June 24, 2015)

USD

The US dollar took advantage of the run in risk aversion earlier on in the day, as traders started to accept the idea that Greece might default on its loans.

EURAUD Reversal Confirmation (June 24, 2015)

EURAUD formed a double top pattern on its 4-hour chart recently, signaling that price is exhausted from its climb.

Forex Major Currencies Outlook (June 23, 2015)

USD

The US dollar was able to recover in recent trading, as risk aversion seemed to be present in the markets. 

EURUSD Wedge Breakdown (June 23, 2015)

EURUSD has been consolidating inside a rising wedge pattern for the past few weeks and is recently showing signs of a breakdown.

Forex Major Currencies Outlook (June 22, 2015)

USD

The US dollar regained a bit of ground against its rivals on Friday, as traders booked profits ahead of the weekend. 

EURCHF Uptrend Channel (June 22, 2015)

EURCHF is trending higher on its 4-hour time frame, with price testing support at the bottom of the rising channel around the 1.0400 major psychological level.