Market Info

Forex Major Currencies Outlook (Jan 11, 2018)

USD 

The dollar was in a bit of a weak spot due to reports that China plans on trimming its Treasury holdings.

EURAUD Countertrend Play (Jan 11, 2018)

EURAUD has been trading in a descending channel pattern on its 4-hour time frame and has recently bounced off the resistance.

Forex Major Currencies Outlook (Jan 10, 2018)

USD 

The dollar gave up ground as the yen advanced sharply in the earlier trading sessions, but the US currency was able to rebound as Treasuries hit record highs.

Another USDJPY Triangle Bounce (Jan 10, 2018)

USDJPY is still trading inside its descending triangle pattern and has just bounced off the resistance previously highlighted.

Forex Major Currencies Outlook (Jan 09, 2018)

USD 

The dollar managed to rebound against most of its peers during the US session after a weak start earlier in the day.

USDJPY Triangle Resistance (Jan 09, 2018)

USDJPY has formed lower highs and found support at the 112.00 major psychological level, creating a descending triangle pattern on its 4-hour time frame.

Forex Major Currencies Outlook (Jan 05, 2018)

USD 

The dollar barely drew any support from upbeat leading jobs indicators.

EURGBP Channel Resistance (Jan 05, 2018)

EURGBP is trending lower in a shallow descending channel visible on its 4-hour chart.

Forex Major Currencies Outlook (Jan 04, 2018)

USD 

The dollar was able to chalk up a winning day even after its shaky start this week as the FOMC minutes turned out less downbeat than expected.

GBPUSD Ascending Trend Line (Jan 04, 2018)

GBPUSD is trending higher on its 4-hour chart and looks prime for a pullback to the ascending trend line.