Market Info

Forex Major Currencies Outlook (Sep 28, 2016)

USD

The US dollar had a mixed performance across the board, although the currency was slightly supported by better than expected data.

EURUSD Descending Triangle (Sep 28, 2016)

EURUSD has formed lower highs and found support at the 1.1130 area, creating a descending triangle formation on its 4-hour chart.

Forex Major Currencies Outlook (Sep 27, 2016)

USD

The US dollar was barely able to take advantage of the risk-off moves in the market and the slightly stronger than expected US new home sales report.

NZDUSD Channel Break Correction (Sep 27, 2016)

NZDUSD was previously trading inside an ascending channel formation before making a downside break and hitting a low of .7220.

Forex Major Currencies Outlook (Sep 26, 2016)

USD

The US dollar was unable to hold on to its gains on Friday, as traders were disappointed to see the US flash manufacturing PMI fall from 52.0 to 51.4 instead of rising to 52.1. 

AUDUSD Descending Channel (Sep 26, 2016)

AUDUSD is starting to trend lower, forming a descending channel pattern on its 4-hour time frame. 

Forex Major Currencies Outlook (Sep 23, 2016)

USD

Economic data from the US came in mixed and the Greenback failed to establish a clear direction as well. 

EURJPY Area of Interest (Sep 23, 2016)

EURJPY recently broke below support around the 114.00 major psychological level then dipped close to the 112.00 mark before pulling up. 

Forex Major Currencies Outlook (Sep 22, 2016)

USD

The US dollar gave up ground when bulls were disappointed to find out that the Fed still kept interest rates at <0.50% for now. 

USDJPY Triangle Support (Sep 22, 2016)

USDJPY suffered a sharp selloff after the BOJ and FOMC policy decisions.