Market Info

Forex Major Currencies Outlook (Feb 01, 2017)

USD

The US dollar tumbled against its counterparts when President Trump called out China and Japan for currency devaluation tactics.

EURAUD Range Support Bounce (Feb 01, 2017)

The bottom of the long-term range on EURAUD seems to be holding as a floor, with a small double bottom formation materializing.

Forex Major Currencies Outlook (Jan 31, 2017)

USD

The US dollar had a volatile run but was unable to establish a clear direction while equities closed in the red.

GBPJPY Trend Line Pullback (Jan 31, 2017)

GBPJPY recently broke past a descending trend line visible on its 4-hour time frame and is showing signs of a pullback.

Forex Major Currencies Outlook (Jan 30, 2017)

USD

The dollar managed to regain ground towards the end of the week despite weaker than expected Q4 GDP data. 

USDJPY Short-Term Range (Jan 30, 2017)

USDJPY has been trading sideways recently, bouncing off support at the 112.65 level and resistance at 115.30. 

Forex Major Currencies Outlook (Jan 27, 2017)

USD

The US dollar regained a bit of ground against its peers as traders seem to be buying into Trump's protectionist plans.

GBPUSD Long-Term Uptrend Signal (Jan 27, 2017)

GBPUSD seems to be tired from its dive, as the pair formed a reversal pattern on its longer-term charts. 

Forex Major Currencies Outlook (Jan 26, 2017)

USD

The US dollar failed to benefit from the strong rallies in equities, even as the Dow 30 index surged past the 20K mark. 

EURUSD Rising Wedge (Jan 26, 2017)

EURUSD has been trending higher but slowly consolidating inside a rising wedge formation visible on the 1-hour and 4-hour charts.