Market Info

Forex Major Currencies Outlook (Aug 28, 2015)

USD

The US dollar managed to stage a strong rally in the US trading session after the Q2 GDP reading enjoyed a large upward revision from 2.3% to 3.7%. 

EURUSD Rising Channel (Aug 28, 2015)

Despite its recent sharp selloff, EURUSD is still on an uptrend on its longer-term time frames. 

Forex Major Currencies Outlook (Aug 27, 2015)

USD

The US dollar managed to regain a lot of lost ground in yesterday’s trading sessions when risk aversion extended its stay in the markets. 

GBPCAD Pullback to 200 SMA (Aug 27, 2015)

GBPCAD is currently making a correction to the broken resistance around the 2.0600 major psychological support, which lines up with the 200 SMA on the 1-hour time frame. 

Forex Major Currencies Outlook (Aug 26, 2015)

USD

The US dollar made a pretty strong rebound during the New York trading session, as equities showed a recovery.

GBPUSD Retracement Setup (Aug 26, 2015)

GBPUSD recently broke past the resistance at the 1.5650-.1.5700 psychological levels and is showing signs of a pullback from the rally. 

Forex Major Currencies Outlook (Aug 25, 2015)

USD

The US dollar had a mixed performance in recent trading, as it suffered a sharp selloff then rebounded later on. 

GBPAUD Pullback to 2.1500? (Aug 25, 2015)

GBPAUD made a strong break past the key resistance around the 2.1400-2.1500 levels, before zooming up to the 2.2300 area. 

Forex Major Currencies Outlook (Aug 24, 2015)

USD

The US dollar suffered a sharp selloff against the yen and the euro, mostly due to the bloodbath in the equity market. 

NZDUSD Descending Triangle (Aug 24, 2015)

NZDUSD is forming a descending triangle on its 4-hour time frame, making lower highs and finding support around the .6500 major psychological level.