Market Info

Forex Major Currencies Outlook (Aug 24, 2016)

USD

The US dollar was mostly stronger in recent trading, except against the British pound.

EURGBP Pullback to Channel Support (Aug 24, 2016)

EURGBP has been moving in an ascending channel visible on its longer-term time frames and is just testing the resistance. 

Forex Major Currencies Outlook (Aug 23, 2016)

USD

The US dollar had a mixed performance as there were no major reports on deck.

USDCAD Breakdown Retracement (Aug 23, 2016)

USDCAD was previously trading inside an ascending channel pattern before breaking lower to signal a reversal. 

Forex Major Currencies Outlook (Aug 22, 2016)

USD

The US dollar was able to regain ground against its peers on Friday, despite the lack of top-tier data from the US economy.

EURUSD Uptrend Correction (Aug 22, 2016)

EURUSD is on an uptrend on its 4-hour time frame, moving above an ascending trend line and getting ready to test support.

Forex Major Currencies Outlook (Aug 19, 2016)

USD

The US dollar was still mostly weaker against its peers and hawkish remarks from Fed officials weren't enough to spur gains.

EURAUD Reversal Pattern (Aug 19, 2016)

EURAUD has been declining on its 4-hour chart but a reversal pattern has formed, signaling a potential uptrend.

Forex Major Currencies Outlook (Aug 18, 2016)

USD

The US dollar gave up some of its recent gains when the FOMC minutes showed that the central bank is in no rush to hike interest rates.

GBPAUD Downtrend Pullback (Aug 18, 2016)

GBPAUD has been trending lower on its 4-hour chart, moving below a descending trend line connecting the latest highs of price action.