Market Info

Forex Major Currencies Outlook (Aug 16, 2017)

USD 

The US dollar got a bit of a boost from stronger than expected July retail sales figures, along with positive revisions for the June report.

EURUSD Short-Term Downtrend (Aug 16, 2017)

EURUSD is starting to trend lower and move inside a descending channel formation.

Forex Major Currencies Outlook (Aug 15, 2017)

USD 

The US dollar recovered from its downbeat performance late last week, thanks to upbeat remarks from Fed official Dudley and a positive close for equities.

GBPNZD Ascending Triangle (Aug 15, 2017)

GBPNZD has formed higher lows and found resistance around the 1.7900 major psychological level, creating an ascending triangle pattern on its 4-hour time frame.

Forex Major Currencies Outlook (Aug 14, 2017)

USD 

US CPI figures came in weaker than expected as the headline and core readings came in at 0.1% versus the projected 0.2% pickup, further dampening September rate hike expectations.

Another NZDJPY Correction (Aug 14, 2017)

NZDJPY continues to trend lower as its moves below a descending trend line visible on the 1-hour and 4-hour time frame.

Forex Major Currencies Outlook (Aug 11, 2017)

USD 

The US dollar was in a weak spot against its peers, weighed down by weak PPI, downbeat Fed rhetoric, and threats from North Korea.

EURGBP Countertrend Setup (Aug 11, 2017)

EURGBP is still trending higher as it tests the top of the ascending channel resistance visible on the 4-hour time frame.

Forex Major Currencies Outlook (Aug 10, 2017)

USD 

The US dollar raked in some gains on risk-off flows but returned some of these when markets calmed down.

NZDJPY Trend Pullback (Aug 10, 2017)

NZDJPY has been trending lower on its short-term time frames after recently bouncing off a long-term ceiling.