Market Info

Forex Major Currencies Outlook (July 12, 2017)

USD 

The dollar was mostly lower against its peers on mixed Fed rhetoric and downbeat medium-tier data.

NZDUSD Short-Term Retracement (July 12, 2017)

NZDUSD recently broke below support at the .7250 minor psychological level and dipped close to the .7200 handle before showing signs of a correction.

Forex Major Currencies Outlook (July 11, 2017)

USD 

The US dollar was stuck in consolidation against most of its peers as traders took a break after the NFP rallies.

EURAUD Area of Interest (July 11, 2017)

EURAUD is trending higher recently and has been moving inside an ascending channel on its 1-hour time frame.

Forex Major Currencies Outlook (July 10, 2017)

USD

The US dollar was able to rebound against most of its counterparts on Friday thanks to stronger than expected NFP results.

GBPAUD Channel Support (July 10, 2017)

GBPAUD has been trading inside an ascending channel pattern visible on its 4-hour time frame and is currently testing support.

Forex Major Currencies Outlook (July 07, 2017)

USD

The US dollar returned some of its recent wins when the ISM non-manufacturing PMI's jobs component and the ADP non-farm employment change hinted at a weaker NFP read.

GBPJPY Range Resistance (July 07, 2017)

GBPJPY has been moving back and forth between support around the 138.50 and the range resistance at 147.50-148.00 visible on the daily time frame.

Forex Major Currencies Outlook (July 06, 2017)

USD 

The US dollar rallied ahead of the FOMC minutes release but retreated upon seeing that committee members are still divided when it comes to their tightening and unwinding time line.

AUDUSD Channel Pullback (July 06, 2017)

AUDUSD is trending higher on its short-term time frames, moving inside an ascending channel on its 1-hour chart.