Market Info

Forex Major Currencies Outlook (Sept 22, 2014)

USD

The Greenback resumed its rally against most of its major counterparts on Friday, despite the lack of top-tier data from the US economy. 

GBPJPY Bullish Divergence (Sept 22, 2014)

GBPJPY has been on a steady uptrend and may be due to resume its climb, as a bullish divergence has formed on its 1-hour time frame. 

Forex Major Currencies Outlook (Sept 19, 2014)

USD

The US dollar recovered ground against most of its major counterparts, despite mixed data from the US economy. 

USDCAD Reversal Pattern (Sept 19, 2014)

USDCAD is forming a head and shoulders pattern on its 4-hour forex time frame, indicating that a reversal from the previous uptrend might take place.

Forex Major Currencies Outlook (Sept 18, 2014)

USD

The US dollar got a strong boost from the FOMC statement, as the Fed shared some details on their exit strategy plans.

GBPNZD Short-term Pullback (Sept 18, 2014)

An uptrend appears to be forming on GBPNZD, as a rising trend line can be drawn to connect the recent lows on the 1-hour time frame. 

Forex Major Currencies Outlook (Sept 17, 2014)

USD

The US dollar was unable to advance against most of its forex counterparts in yesterday’s trading sessions, as traders eased off their long positions ahead of today’s FOMC statement. 

GBPUSD Major Market Correction (Sept 17, 2014)

GBPUSD is taking a break from its recent selloff as the pair found support at a long-term area of interest. 

Forex Major Currencies Outlook (Sept 16, 2014)

USD

The US dollar returned some of its recent wins, as traders continued to reduce their dollar exposure ahead of this week’s FOMC statement.

AUDUSD Potential Correction (Sept 16, 2014)

AUDUSD has been on a strong downtrend since the start of the month but may be due for a quick correction after gapping down early this trading week.