Market Info

Forex Major Currencies Outlook (April 1, 2013)

USD

 Traders are now back from the shortened trading week last week, which suggests we could see more action on the charts for the coming days. 

USD/JPY: Resistance Turned Support at 94.00 (April 1, 2013)

USD/JPY sold off for the past couple of weeks and is now testing the former resistance at the 94.00 major psychological level. 

Forex Major Currencies Outlook (March 29, 2013)

USD
Most banks are on a holiday today, paving the way for quiet trading conditions. 

GBP/USD: Will 1.5200 Hold Again? (March 29, 2013)

The pair is once more testing the 1.5200 major psychological resistance for today. 

Forex Major Currencies Outlook (March 28, 2013)

USD

Markets could be in for a quiet trading day today as there are no top-tier releases from the major economies that could have a significant impact on risk sentiment or a lasting effect on dollar pairs’ movements. 

USD/CAD: Trading the Monthly GDP Report (March 28, 2013)

USD/CAD is currently consolidating above the 1.0150 minor psychological support level as traders await the release of the monthly GDP reading for January.

Forex Major Currencies Outlook (March 26, 2013)

USD: Neutral

There are a few major reports due from the U.S. today and these might have an impact on dollar pairs’ price action since there are no other top-tier economic events scheduled. 

GBP/USD Testing Former Support (March 26, 2013)

GBP/USD’s recent rallies might be cut short this week as the pair is currently testing the former support zone around 1.5200 to 1.5250. 

Forex Major Currencies Outlook (March 25, 2013)

USD: Bullish

Lower-yielding currencies such as the U.S. dollar could gain support this week as pairs are trading cautiously, awaiting more updates from Cyprus’ bailout situation. 

EURUSD: Potential Gap Fill (March 25, 2013)

There’s a falling trend line connecting the highs on EUR/USD’s 1-hour time frame and a test might be in the works for today.