Market Info

Forex Major Currencies Outlook (Oct 12, 2017)

USD 

The US dollar dipped against most of its counterparts when the FOMC minutes were released as it revealed that some policymakers had some doubts about tightening in December.

AUDUSD Support Turned Resistance (Oct 12, 2017)

AUDUSD recently fell through support at the .7800 level then dipped to .7750 before pulling back up.

Forex Major Currencies Outlook (Oct 11, 2017)

USD 

The US dollar gave back some of its recent wins when the Trump administration's tax reform plans encountered roadblocks.

GBPAUD Support Turned Resistance (Oct 11, 2017)

GBPAUD previously broke through support at the 1.6950 minor psychological level then fell to a low of 1.6785 before making a correction.

Forex Major Currencies Outlook (Oct 10, 2017)

USD 

The US dollar was stuck in its ranges for the most part of the day as banks were closed in observance of Columbus Day.

USDJPY Range Resistance (Oct 10, 2017)

USDJPY has been trading sideways on its long-term charts, bouncing off support at the 108.50 minor psychological mark and heading towards the resistance around 114.00 to 114.50.

Forex Major Currencies Outlook (Oct 09, 2017)

USD

The US dollar had a volatile run during the NFP release as the actual figure showed a surprise 33K drop versus the estimated 88K gain.

USDCAD Steady Channel (Oct 09, 2017)

USDCAD continues to head north and is trading inside an ascending channel on its 1-hour time frame.

Forex Major Currencies Outlook (Oct 06, 2017)

USD 

The US dollar capped off another good day as it raked in gains from upbeat data and hawkish Fed remarks.

NZDUSD Head and Shoulders (Oct 06, 2017)

NZDUSD could be in for more losses as price formed a head and shoulders pattern on its daily time frame.