Market Info

Forex Major Currencies Outlook (Oct 22, 2014)

USD 

The US dollar was able to bounce back against most of its forex counterparts in recent trading sessions, as US existing home sales printed stronger than expected results and risk aversion started to creep back in the markets. 

AUDCAD Reversal Pattern (Oct 22, 2014)

A short-term selloff might be in the cards for AUDCAD, as the pair created a double top pattern on its 1-hour time frame. 

Forex Major Currencies Outlook (Oct 21, 2014)

USD

The US dollar lost ground to majority of its forexcounterparts as risk appetite appeared to improve at the start of the week. 

EURJPY Retracement Setup (Oct 21, 2014)

EURJPY has pulled up from its continuous dive in the past month and appears to be making a quick correction. 

Forex Major Currencies Outlook (Oct 17, 2014)

USD

The US dollar was unable to regain strength in recent trading, despite better than expected data from the US economy. 

Forex Major Currencies Outlook (Oct 20, 2014)

USD

The US dollar had a pretty good run on Friday as it made a small recovery to its forex counterparts.

Short-Term Uptrend on EURUSD (Oct 20, 2014)

EURUSD is moving in a short-term uptrend since the ascending trend channel on its 1-hour time frame is still holding. 

Double Top Pattern on USDCAD (Oct 17, 2014)

USDCAD has formed a reversal pattern on its 1-hour time frame, suggesting that a downtrend might take place. 

Forex Major Currencies Outlook (Oct 16, 2014)

USD

The US dollar got sold off heavily in recent trading, as the US retail sales report came in weaker than expected. 

USDCAD Short-Term Pullback (Oct 16, 2014)

USDCAD has recently broken past the 1.1200 major psychological resistance and zoomed close to the 1.1400 handle in the past weeks, before showing signs of a retracement.