Market Info

Forex Major Currencies Outlook (May 24, 2017)

USD

The US dollar regained some ground in recent trading as market watchers are shifting their focus back to economic data and June rate hike expectations.

NZDJPY Breakdown Pullback (May 24, 2017)

NZDJPY recently broke below a short-term rising trend line support and dipped close to the 76.00 mark.

Forex Major Currencies Outlook (May 23, 2017)

USD

The US dollar moved slightly lower against most of its peers, particularly the Kiwi.

GBPAUD Descending Triangle (May 23, 2017)

GBPAUD has formed lower highs and found support at the 1.7375 area, creating a descending triangle formation on its 1-hour time frame.

Forex Major Currencies Outlook (May 22, 2017)

USD

Dollar weakness stayed in play for Friday as traders continued to worry about the repercussions of the investigation on Trump's intelligence information leak to Russia.

EURJPY Broken Trend Line Retest (May 22, 2017)

EURJPY recently broke below its short-term ascending trend line to indicate that a reversal from the uptrend is in order.

Forex Major Currencies Outlook (May 19, 2017)

USD

The dollar recovered against its peers on strong medium-tier data and indications that former FBI director Comey was not pressured to stop his investigation into alleged information leaks to Russia.

GBPUSD Short-Term Channel (May 19, 2017)

GBPUSD enjoyed additional volatility recently but is still trading safely inside its ascending channel on the 1-hour time frame.

Forex Major Currencies Outlook (May 18, 2017)

USD

The dollar was barely able to benefit from risk-off flows as concerns about the Trump administration remained in the spotlight.

GBPUSD Countertrend Setup (May 18, 2017)

GBPUSD has been trending higher recently, moving inside an ascending channel visible on its 1-hour and 4-hour charts.