Market Info

Forex Major Currencies Outlook (Mar 22, 2017)

USD

The US dollar gave up ground to its counterparts as equity indices closed around 1% lower for the day.

GBPUSD Long-Term Ceiling (Mar 22, 2017)

GBPUSD has been moving back and forth between support at the 1.2100 major psychological level and resistance at 1.2700.

Forex Major Currencies Outlook (Mar 21, 2017)

USD

The dollar regained a bit of ground against its peers even though there were no major reports out of the US economy.

EURAUD Reversal Formation (Mar 21, 2017)

EURAUD looks ready for a downtrend as the pair formed a head and shoulders pattern on its 1-hour time frame.

Forex Major Currencies Outlook (Mar 20, 2017)

USD

The US dollar continued to retreat against most of its counterparts as traders kept booking profits off their recent long positions in reaction to a less hawkish than expected Fed announcement.

USDJPY Range Support (Mar 20, 2017)

USDJPY sold off after the FOMC decision as traders booked profits off the event.

Forex Major Currencies Outlook (Mar 17, 2017)

USD

The US dollar had a mixed performance as it reacted to country-specific events, particularly in the European region.

EURAUD Break and Retest (Mar 17, 2017)

EURAUD recently broke below its ascending channel on the 1-hour time frame and might be due for a pullback before heading further south.

Forex Major Currencies Outlook (Mar 16, 2017)

USD

The Fed hiked interest rates by 0.25% as expected but the dollar sold off as traders booked profits and bulls seemed unimpressed by the lack in conviction.

GBPUSD Short-Term Downtrend (Mar 16, 2017)

Cable recently bounced off its long-term support at the 1.2100 major psychological mark and seems to be pulling up from its recent selloff.