Market Info

AUD/USD: Potential Retest of 1.0400 (April 16, 2013)

AUD/USD had a sharp selloff since Thursday last week as weak Chinese data and weak Australian data have been weighing the pair down.

Forex Major Currencies Outlook (April 15, 2013)

USD

 As expected, the U.S. retail sales data printed bleak figures and triggered a dollar selloff. 

EUR/USD: Long-Term Reversal Signals (April 15, 2013)

EUR/USD has been having a difficult time breaking past the 1.3100 major psychological resistance level. 

Forex Major Currencies Outlook (April 12, 2013)

USD

 The U.S. dollar could be in for another sharp selloff during today’s U.S. session as the retail sales report is set for release. 

U.S. Retail Sales: Potential USD/JPY Correction (April 12, 2013)

USD/JPY has been stalling around the 99.50 minor psychological area for the past few days already, suggesting that yen bears may be running out of steam.

Forex Major Currencies Outlook (April 11, 2013)

USD

The U.S. dollar had quite a topsy-turvy ride at the start of the U.S. session when the FOMC meeting minutes were suddenly released early. 

AUD/USD Potential Retracement to 1.0500 (April 11, 2013)

AUD/USD suffered a quick selloff during today’s early Asian session when Australia printed weaker than expected jobs data. 

Forex Major Currencies Outlook (April 10, 2013)

USD

The U.S. dollar continued to suffer losses against most of its major counterparts, except for the Japanese yen, as the weak March NFP figure dashed hopes of earlier than expected monetary policy tightening from the Federal Reserve. 

AUD/USD to Test 1.0600? (April 10, 2013)

AUD/USD seems to have breached the 1.0500 major psychological level already and appears poised to test the next resistance at 1.0600. 

Forex Major Currencies Outlook (April 9, 2013)

USD

There were no major reports released from the U.S. yesterday, allowing the Greenback to recover from some of its recent losses.