Market Info

Forex Major Currencies Outlook (Dec 01, 2017)

USD 

The US dollar swung this way and that on tax reform updates and more developments in Washington.

USDCAD Triangle Retest (Dec 01, 2017)

USDCAD recently broke out of a long-term descending triangle pattern to signal that an uptrend is underway.

Forex Major Currencies Outlook (Nov 30, 2017)

USD 

The US dollar caught a few gains against most of its counterparts as the US GDP was upgraded, Yellen sounded upbeat in her testimony, and the Senate version of the tax bill cleared a hurdle.

EURGBP Range Support (Nov 30, 2017)

EURGBP has been on the decline but could be due for a bounce once it tests the range support near the .8750 minor psychological level.

Forex Major Currencies Outlook (Nov 29, 2017)

USD 

The US dollar was able to rake in gains versus most of its counterparts on strong data and Powell's confirmation as next Fed head.

EURAUD Area of Interest (Nov 29, 2017)

EURAUD previously broke past the resistance at 1.5600 then zoomed up to a high of 1.5696 before retreating.

Forex Major Currencies Outlook (Nov 28, 2017)

USD 

The US dollar was off to a rocky start as North Korean jitters and some dovish remarks from FOMC member Kashkari weighed on the currency.

EURUSD Neckline Correction (Nov 28, 2017)

EURUSD recently broke past the neckline of a complex inverse head and shoulders pattern visible on the 4-hour time frame.

Forex Major Currencies Outlook ( Nov 27, 2017)

USD

The US dollar had a rough run during the Thanksgiving holidays as traders continued to adjust positions on account of the less upbeat outlook on inflation shared by Yellen and most of the FOMC members.

USDCAD Triangle Resistance

USDCAD has formed lower highs and found support around 1.2675, creating a descending triangle on its short-term time frames.