Market Info

Forex Major Currencies Outlook (Mar 12, 2018)

USD

The US dollar initially had a strong positive reaction to upbeat NFP results, as the headline figure posted a gain of 313K versus the consensus at 205K. 

AUDUSD Channel Resistance (Mar 12, 2018)

AUDUSD is trending lower on its 4-hour time frame and is testing the top of the descending channel.

Forex Major Currencies Outlook (Mar 9, 2018)

USD

The US dollar gained some ground to most of peers when Trump tempered his tough talk on tariffs, easing fears of a trade war.

USDCAD Uptrend Pullback (Mar 9, 2018)

USDCAD is trending higher on its 4-hour time frame and is trading above an ascending trend line. 

Forex Major Currencies Outlook (Mar 8, 2018)

USD

The dollar recovered slightly from its earlier selloff when the Trump administration sounded open to exempt Canada and Mexico from higher tariffs on steel and aluminum on account of national security. 

USDCAD Short-Term Selloff (Mar 8, 2018)

USDCAD formed a double top reversal pattern on its 1-hour time frame, signaling that the rally could be over.

Forex Major Currencies Outlook (Mar 7, 2018)

USD

The US dollar had relatively quiet time for the most part of the US session as officials sought to calm fears of a trade war.

GBPUSD Bearish Channel (Mar 7, 2018)

Cable is trending lower inside a descending channel on its 1-hour time frame and looks prime for a pullback. 

Forex Major Currencies Outlook (Mar 6, 2018)

USD 

The US dollar regained some ground to its peers but caved to the Aussie and Kiwi when risk appetite returned in the US session.

EURAUD Resistance Turned Support (Mar 6, 2018)

EURAUD recently broke past the 1.5800 major psychological mark to signal that more gains are in the cards.