Market Info

Forex Major Currencies Outlook (Jan 26, 2018)

USD

The US dollar dollar drew some support in the New York session as US President Trump said that he sees the currency getting stronger and stronger.

USDCAD Triangle Pullback (Jan 26, 2018)

USDCAD recently broke to the downside of its symmetrical triangle formation and fell to a low of 1.2240.

Forex Major Currencies Outlook (Jan 25, 2018)

USD

The dollar suffered yet another selloff after Treasury Secretary Mnuchin remarked in the Davos summit that a weaker dollar is good for trade.

NZDUSD Trend Line Bounce (Jan 25, 2018)

This pair has been trending higher, moving above an ascending trend line on the 1-hour time frame and just bouncing off support.

Forex Major Currencies Outlook (Jan 24, 2018)

USD

The US dollar was the weakest currency for yet another day as risk-taking and weak data dragged it down.

USDCAD Bearish Flag (Jan 24, 2018)

USDCAD has been treading mostly sideways in the past few days and is consolidating inside a bearish flag formation visible on the daily time frame.

Forex Major Currencies Outlook (Jan 23, 2018)

USD

The US dollar caught a bid on reports that Congress passed another temporary funding measure to reopen the government.

GBPUSD Channel Top (Jan 23, 2018)

Cable has been climbing steadily and is testing the top of its ascending channel visible on the daily chart.

Forex Major Currencies Outlook (Jan 22, 2018)

USD

The dollar is on weaker footing owing to the US government shutdown, which threatens to drag equities and bonds while it lasts.

EURUSD Short-Term Channel (Jan 22, 2018)

EURUSD continues to advance and positive updates from Germany's coalition talks over the weekend could sustain the climb.