Market Info

Forex Major Currencies Outlook (Mar 08, 2017)

USD

The US dollar held on to its recent gains, although the climb was slower. 

USDJPY Double Bottom (Mar 08, 2017)

USDJPY seems to be tired from its selloff as it formed a double bottom pattern on its 4-hour chart. 

Forex Major Currencies Outlook (Mar 07, 2017)

USD

The US dollar held on to most of its recent gains as January factory orders came in slightly better than expected at 1.2% versus 1.1%.

AUDUSD Channel Retracement (Mar 07, 2017)

AUDUSD recently broke below its ascending channel support around the .7650 minor psychological mark and dipped to .7550.

Forex Major Currencies Outlook (March 06, 2017)

USD

The US dollar staged a strong rally against its peers late on Friday after FOMC policymakers confirmed the possibility of a March Fed rate hike.

USDCAD Range Resistance (March 06, 2017)

USDCAD bounced off long-term support around the 1.3100 major psychological level recently and seems to be setting its sights on the top of the range at the 1.3550 minor psychological mark.

Forex Major Currencies Outlook (Mar 03, 2017)

USD

The dollar continued to advance against its peers as risk aversion came into play.

EURAUD Long-Term Selloff (Mar 03, 2017)

EURAUD has been trending lower on its daily time frame, moving below a descending trend line connecting the latest highs of price action. 

Forex Major Currencies Outlook (Mar 02, 2017)

USD

The US dollar continued to rally against its counterparts as traders focused on Fed rate hike talks and the fact that Trump sounded more presidential in his recent testimony in front of Congress.

GBPUSD Bearish Momentum (Mar 02, 2017)

GBPUSD bounced off the resistance at the 1.2650 minor psychological level and broke below the near-term consolidation support at 1.2400, confirming that sellers are taking over.