Market Info

Forex Major Currencies Outlook (Jan 11, 2017)

USD

The dollar had a mixed performance as economic data did very little to provide strong direction.

GBPJPY Breakdown Pullback (Jan 11, 2017)

GBPJPY recently broke below a head and shoulders reversal formation, signaling that a long-term downtrend is in the cards. 

Forex Major Currencies Outlook (Jan 10, 2017)

USD

The US dollar was unable to establish a clear direction in recent sessions as US data came in mixed.

EURAUD Resistance Turned Support (Jan 10, 2017)

EURAUD recently broke past resistance at the 1.4400 major psychological level and zoomed up to the 1.4700 area.

Forex Major Currencies Outlook (Jan 09, 2017)

USD

The US dollar gave up a bit of ground when the actual December NFP reading fell short of estimates, posting a 158K gain versus the projected 175K increase. 

USDCAD Channel Support (Jan 09, 2017)

USDCAD has been trending higher on its long-term time frames, moving inside an ascending channel that has held for the most part of 2016.

Forex Major Currencies Outlook (Jan 06, 2017)

USD

The US dollar had another weak performance after leading jobs indicators missed expectations. 

EURGBP Ascending Triangle (Jan 06, 2017)

EURGBP has formed higher lows on its 1-hour chart and is testing resistance at the .8575, creating an ascending triangle formation. 

Forex Major Currencies Outlook (Jan 05, 2017)

USD

The US dollar gave up ground across the board when the FOMC minutes revealed that policymakers were split between faster and gradual tightening. 

GBPUSD Short-Term Reversal (Jan 05, 2017)

GBPUSD has been selling off recently but a reversal pattern has formed on its 1-hour time frame.