Market Info

Forex Major Currencies Outlook (Nov 09, 2016)

USD

The US dollar failed to establish a clear direction while the elections were going on, only to tumble sharply when Trump started gaining the lead in electoral votes.

EURJPY Range Support (Nov 09, 2016)

The top of the range on EURJPY still held as a ceiling as risk aversion returned to the markets. 

Forex Major Currencies Outlook (Nov 08, 2016)

USD 

The US dollar continued to advance against its peers as US stock markets closed higher again on the eve of the elections. 

USDJPY Ascending Channel (Nov 08, 2016)

USDJPY is trending higher, moving inside an ascending channel on its 4-hour time frame. 

Forex Major Currencies Outlook (Nov 07, 2016)

USD

The US dollar took a hit on Friday when the NFP report printed a lower than expected 161K gain versus the estimated 174K increase.

USDCAD Countertrend Setup (Nov 07, 2016)

USDCAD has been trending higher and moving inside an ascending channel on its 4-hour time frame.

Forex Major Currencies Outlook (Nov 04, 2016)

USD

The US dollar chalked up another round of declines against its peers as economic data came in mostly weaker than expected, except for factory orders which posted a slightly stronger 0.3% gain versus the estimated 0.2% uptick.

GBPUSD Major Correction (Nov 04, 2016)

GBPUSD is showing signs of a pullback from its selloff, possibly gearing up for a much-needed correction to the broken support around 1.2850-1.2900.

Forex Major Currencies Outlook (Nov 03, 2016)

USD

The US dollar continued to slide against its peers as stock indices closed lower on election jitters. 

EURAUD Support Turned Resistance (Nov 03, 2016)

EURAUD recently broke below support around the 1.4600 major psychological level then dropped to a low of 1.4125.