Market Info

Forex Major Currencies Outlook (June 19, 2015)

USD

The US dollar regained ground against most of its forex rivals, except for the British pound, yesterday when data came in mostly stronger than expected. 

EURCHF Downtrend Channel (June 19, 2015)

EURCHF has been slowly treading lower on its short-term time frames, as the lack of progress in the Greek debt talks is starting to weigh on the shared currency. 

Forex Major Currencies Outlook (June 18, 2015)

USD

The US dollar suffered a sharp selloff after the FOMC statement, when Fed Chairperson Janet Yellen refrained from confirming that a rate hike in September was in order.

EURUSD Triangle Breakout (June 18, 2015)

EURUSD just broke out of its short-term consolidation pattern, signaling that further gains are possible for the pair. 

Forex Major Currencies Outlook (June 17, 2015)

USD

The US dollar was mostly in consolidation against its forex rivals, as traders are reducing their positions ahead of the FOMC statement.

EURGBP Range Support (June 17, 2015)

EURGBP has been moving sideways on its 4-hour time frame, finding support at the .7100 major psychological level and resistance at the .7400 major psychological level. 

Forex Major Currencies Outlook (June 16, 2015)

USD

The US dollar gave up some of its recent gains, most notably against the pound, but was able to hold its ground against the yen. 

EURAUD Forex Retracement (June 16, 2015)

EURAUD has been forming higher lows on its 4-hour chart, creating a rising trend line and reflecting an ongoing uptrend. 

Forex Major Currencies Outlook (June 15, 2015)

USD

The US dollar ended the previous week on a strong note, as it regained ground against its forex counterparts.

USDCAD Short-Term Correction (June 15, 2015)

USDCAD is showing signs of a pullback on its 1-hour time frame, as the pair bounced off the 1.2200 major psychological support area.