Market Info

Forex Major Currencies Outlook (Feb 02, 2018)

USD

The dollar was in a weak spot once more and failed to draw a boost from upbeat economic data.

USDJPY Channel Resistance (Feb 02, 2018)

USDJPY is trending lower on its 4-hour time frame, moving inside a descending channel pattern.

Forex Major Currencies Outlook (Feb 01, 2018)

USD

The FOMC statement led to a bit of a boost for the dollar on stronger inflation expectations and the addition of the word "further" in projecting more tightening moves.

AUDUSD Ascending Channel (Feb 01, 2018)

AUDUSD continues to trend higher inside its ascending channel pattern on the 4-hour time frame.

Forex Major Currencies Outlook (Jan 31, 2018)

USD

The US dollar rallied and reversed on profit-taking towards the end of the month and ahead of the State of the Union address and FOMC statement.

EURUSD Short-Term Trend Line Bounce (Jan 31, 2018)

EURUSD has been trending higher over the past few weeks and is currently above a steep rising trend line on its 1-hour chart. 

Forex Major Currencies Outlook (Jan 30, 2018)

USD

The US dollar staged a decent recovery during the New York session on revived expectations of Fed tightening. 

USDJPY Range Support (Jan 30, 2018)

USDJPY has been moving back and forth inside a range with support at the 109.00 major psychological level and resistance at 114.00.

Forex Major Currencies Outlook (Jan 29, 2018)

USD

The dollar regained some ground towards the end of the previous week despite weaker than expected GDP.

GBPJPY Ascending Channel (Jan 29, 2018)

GBPJPY is trending higher and looks ready for a test of its ascending channel support.