Market Info

Forex Major Currencies Outlook (Oct 12, 2016)

USD

The US dollar gave back some of its recent gains as traders probably booked profits ahead of the FOMC minutes release later today.

EURAUD Range Support (Oct 12, 2016)

EURAUD has been selling off recently but could be due for a bounce as price is nearing the bottom of the range on its 1-hour time frame. 

Forex Major Currencies Outlook (Oct 11, 2016)

USD

The US dollar resumed its climb against its peers during the US session even as traders were out for the holiday.

USDCAD Rising Wedge (Oct 11, 2016)

USDCAD has formed higher lows and higher highs, creating a rising wedge formation visible on its 4-hour chart. 

Forex Major Currencies Outlook (Oct 10, 2016)

USD

The US dollar gave back some of its recent gains when the NFP reading missed expectations.

EURAUD Short-Term Reversal (Oct 10, 2016)

EURAUD was recently in a downtrend before price formed an inverse head and shoulders pattern on its 1-hour time frame.

Forex Major Currencies Outlook (Oct 07, 2016)

USD

The Greenback managed to squeeze out more gains on Thursday as medium-tier jobs data came in strong.

USDJPY Triangle Pullback (Oct 07, 2016)

USDJPY recently broke outside its descending triangle pattern visible on the 4-hour time frame.

Forex Major Currencies Outlook (Oct 06, 2016)

USD

The Greenback was able to squeeze out more gains after US data came in mostly upbeat.

GBPAUD Countertrend Setup (Oct 06, 2016)

GBPAUD has been selling off but is currently finding support at the bottom of its descending channel on the 4-hour time frame.