Market Info

Forex Major Currencies Outlook (Sep 07, 2017)

USD 

The US dollar managed to stage a rebound after consecutive days of declines, with many attributing this move to mere profit-taking.

EURGBP Uptrend Correction (Sep 07, 2017)

EURGBP has been sliding lower in the past couple of days but the longer-term uptrend remains intact.

Forex Major Currencies Outlook (Sep 06, 2017)

USD 

The US dollar was unable to benefit from the safe-haven rallies as dovish Fed rhetoric was front and center.

EURNZD Trend Line Test (Sep 06, 2017)

EURNZD has been trending higher on its 4-hour time frame and is testing the ascending trend line connecting the lows since late July.

Forex Major Currencies Outlook (Sep 05, 2017)

USD 

US banks were closed on Labor Day Monday so markets were off to a slow start.

EURCAD Double Top (Sep 05, 2017)

EURCAD could be in for a selloff as the pair formed a double top classic reversal pattern and broke below the neckline at the 1.4750 minor psychological level.

Forex Major Currencies Outlook (Sep 04, 2017)

USD

The dollar dipped upon seeing downbeat NFP data as this could hurt the chances of seeing a Fed rate hike this month.

EURJPY Resistance Turned Support (Sep 04, 2017)

EURJPY recently broke past the 130.00 major psychological level and zoomed to a high of 131.60 before going for a correction. 

Forex Major Currencies Outlook (Sep 01, 2017)

USD 

The US dollar rallied when Treasury Secretary Mnuchin reiterated that they have a detailed plan for tax reform set to be implemented before the end of the year.

GBPNZD Correction Setup (Sep 01, 2017)

GBPNZD has been trending higher and moving inside an ascending channel visible on its 4-hour chart.