Market Info

Forex Major Currencies Outlook (July 19, 2017)

USD 

The dollar was dragged lower by the healthcare bill setback in Senate.

GBPJPY Short-Term Reversal (July 19, 2017)

GBPJPY has failed in its last two attempts to break past the 147.50 minor psychological resistance, creating a double top reversal formation.

Forex Major Currencies Outlook (July 18, 2017)

USD 

The dollar managed to edge slightly higher even though data came in weaker than expected.

AUDUSD Bullish Channel (July 18, 2017)

AUDUSD has been trending higher and is moving inside a bullish channel formation on its 4-hour chart.

Forex Major Currencies Outlook (July 17, 2017)

USD

The US dollar tumbled across the board on Friday when economic reports came in mostly weaker than expected.

AUDUSD Long-Term Breakout (July 17, 2017)

AUDUSD had been trading inside an ascending triangle on its long-term time frame and has just broken past the resistance at the .7750 minor psychological mark.

Forex Major Currencies Outlook (July 14, 2017)

USD 

The US dollar was unable to establish a clear direction in trading even with several top-tier reports released.

EURUSD Breakout and Correction (July 14, 2017)

EURUSD recently broke to the upside of a symmetrical triangle pattern then zoomed up close to the 1.1500 handle before pulling back.

Forex Major Currencies Outlook (July 13, 2017)

USD 

The US dollar gave back some of its recent gains as Yellen downplayed the strong jobs figures while acknowledging that weak inflation remains a topic of discussion.

EURGBP Channel Retracement (July 13, 2017)

EURGBP is trending higher on its short-term time frames but it could have room for retracement to nearby support zones.