Market Info

Forex Major Currencies Outlook (Jan 04, 2017)

USD

The US dollar scored gains across the board, buoyed by upbeat economic data. 

GBPJPY Reversal Pattern (Jan 04, 2017)

GBPJPY has previously been on an uptrend but it looks like bulls are tired from the climb. 

Forex Major Currencies Outlook (Jan 03, 2017)

USD

The US dollar had no trouble advancing against its peers even as US markets were still closed for the holiday. 

NZDUSD Channel Retracement (Jan 03, 2017)

NZDUSD has been trending lower on its 4-hour time frame, moving inside a descending channel connecting its latest highs and lows.

Forex Major Currencies Outlook (Jan 02, 2017)

USD

The US dollar gave up ground against most of its major counterparts early in the year as traders are probably bracing for some adjustments ahead of Trump's inauguration. 

EURJPY Range Setup (Jan 02, 2017)

EURJPY has been trading sideways recently, finding support at the 121.70 area and resistance at 123.75. 

Forex Major Currencies Outlook (Dec 29, 2016)

USD

Price action for dollar pairs was still subdued even as US data disappointed. 

EURCAD Retracement Setup (Dec 29, 2016)

EURCAD recently broke below the support around the 1.4350 minor psychological level and reached a low of 1.3800 before pulling back up. 

Forex Major Currencies Outlook (Dec 28, 2016)

USD

The US dollar advanced against most of its peers as risk aversion was in play and data from the US came in stronger than expected. 

USDCAD Countertrend Setup (Dec 28,2016)

USDCAD is still moving inside an ascending channel on its daily time frame but is closing in on the resistance around the 1.3600 major psychological mark.