Market Info

Forex Major Currencies Outlook (Feb 15, 2017)

USD

The US dollar got a boost from Fed Chairperson Yellen's testimony, as she confirmed that a rate hike is possible in their upcoming meetings.

AUDUSD Short-Term Range (Feb 15, 2017)

AUDUSD bounced off support around the .7615 area once more and is now making its way back to the top of its short-term range visible on the 1-hour time frame. 

Forex Major Currencies Outlook (Feb 14, 2017)

USD 

The US dollar had a mixed performance as it consolidated to the yen but advanced to the euro.

GBPJPY Symmetrical Triangle (Feb 14, 2017)

GBPJPY has formed lower highs and higher lows, creating a symmetrical triangle pattern visible on its 4-hour time frame. 

Forex Major Currencies Outlook (Feb 13, 2017)

USD 

The US dollar held on to its recent gains as traders are hopeful that Trump can announce details on his tax reform plan soon. 

NZDUSD Broken Trend Line (Feb 13, 2017)

NZDUSD recently broke past a descending trend line visible on its 4-hour and daily time frames, signaling that an uptrend is due. 

Forex Major Currencies Outlook (Feb 10, 2017)

USD

The US dollar strengthened across the board on Trump's promise to announce a "phenomenal" tax plan in the coming weeks. 

USDJPY Channel Breakout? (Feb 10, 2017)

USDJPY has been trending lower on its 1-hour time frame, moving inside a descending channel since the start of the year. 

Forex Major Currencies Outlook (Feb 09, 2017)

USD

The US dollar had another mixed performance as there were no major reports to provide any direction. 

EURJPY Channel Pullback (Feb 09, 2017)

EURJPY is trending lower after recently breaking below its consolidation pattern with support at 121.00-121.50.