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Forex Major Currencies Outlook (Feb 08, 2017)

USD

The US dollar had a mixed performance as it merely reacted to country-specific events. 

USDCAD Falling Wedge (Feb 08, 2017)

USDCAD has formed lower highs and lower lows recently, creating a falling wedge chart pattern visible on the 4-hour chart. 

Forex Major Currencies Outlook (Feb 07, 2017)

USD

The US dollar tried to get back on its feet but ended mostly lower against its peers as equity indices closed in the red. 

GBPJPY Head and Shoulders Breakdown (Feb 07, 2017)

GBPJPY indicated its intention to head further south by breaking below the head and shoulders neckline at 141.00. 

Forex Major Currencies Outlook (Feb 06, 2017)

USD

The US dollar initially cheered stronger than expected NFP data but eventually resumed its slide to its peers. 

EURGBP Double Bottom (Feb 06, 2017)

EURGBP seems to be tired from its dive as the pair failed in its last two attempts to break below the .8500 level. 

Forex Major Currencies Outlook (Feb 03, 2017)

USD

The US dollar was able to take a break from its slide when traders started pricing in strong NFP results.

GBPAUD Triangle Formation (Feb 03, 2017)

GBPAUD has formed lower highs and higher lows on its daily time frame, creating a symmetrical triangle formation on the long-term chart. 

Forex Major Currencies Outlook (Feb 02, 2017)

USD

The US dollar failed to benefit from stronger than expected data as bulls seemed disappointed by the lack of hawkishness in the Fed statement.

EURUSD Ascending Channel (Feb 02, 2017)

EURUSD continues to trend higher, moving inside an ascending channel on its 1-hour chart.