Market Info

Forex Major Currencies Outlook (May 20, 2015)

USD 

The US dollar regained a lot of ground to its forex counterparts, thanks to dovish remarks from European central bank officials. 

GBPJPY Major Correction (May 20, 2015)

GBPJPY seems to be having trouble extending its climb past the 188.00 major psychological resistance level, opening up the possibility of a large correction to the areas of interest. 

Forex Major Currencies Outlook (May 19, 2015)

USD

The US dollar regained some ground against its forex counterparts yesterday, as traders booked profits off key levels ahead of the FOMC minutes release tomorrow. 

GBPUSD Market Correction (May 19, 2015)

GBPUSD has been on a strong uptrend, as the pair has been trading above a rising trend line forming on its 4-hour forex chart. 

Forex Major Currencies Outlook (May 18, 2015)

USD

The US dollar had a volatile run on Friday, as it gained some ground against its forex counterparts only to give most of it back by the end of the day. 

EURJPY Channel Resistance (May 18, 2015)

EURJPY is moving inside an ascending channel on its 1-hour chart, indicating that a short-term uptrend is taking place. 

Forex Major Currencies Outlook (May 15, 2015)

USD

The US dollar managed to regain a bit of ground in recent trading sessions, even though data from the US economy came in mostly weaker than expected. 

AUDUSD Short-Term Pullback (May 15, 2015)

AUDUSD recently broke past resistance at the .8000 major psychological level and surged up to a high of .8150. 

Forex Major Currencies Outlook (May 14, 2015)

USD

The US dollar had a mixed performance in recent trading sessions, despite weaker than expected data from the economy. 

NZDJPY Market Correction (May 14, 2015)

NZDJPY popped up from its previous lows around the 88.00 major psychological level and is in the middle of a market correction.