Market Info

Forex Major Currencies Outlook (Nov 24, 2017)

USD 

The US dollar chalked up another losing day as market participants continued to adjust their positions to account for the Fed's less upbeat inflation outlook.

AUDUSD Descending Channel (Nov 24, 2017)

AUDUSD is currently trending lower but looks prime for a correction to its descending channel visible on the 4-hour time frame.

Forex Major Currencies Outlook (Nov 23, 2017)

USD

The US dollar slumped against its peers when the FOMC minutes focused mostly on weak inflation concerns.

GBPUSD Triangle Breakout (Nov 23, 2017)

GBPUSD appears to have finally broke out of its consolidation pattern on the 4-hour chart.

Forex Major Currencies Outlook (Nov 22, 2017)

USD

The US dollar was weaker against its peers during the US session as traders reacted to Yellen's unease about inflation and brought bond yields down.

USDJPY Channel Resistance (Nov 22, 2017)

USDJPY is trending lower on its short-term time frames, moving inside a descending channel and currently testing resistance.

Forex Major Currencies Outlook (Nov 21, 2017)

USD

The US dollar was able to chalk up some gains to its counterparts despite lower liquidity during the shortened work week.

EURGBP Range Support (Nov 21, 2017)

EURGBP has been trading sideways recently, finding resistance around the .9000 major psychological level and support near the .8750 minor psychological mark.

Forex Major Currencies Outlook (Nov 20,2017)

USD

The US dollar had a mixed run despite stronger than expected building permits and housing starts data released on Friday. 

USDJPY Range Resistance (Nov 20, 2017)

USDJPY looks ready to trade sideways on its daily time frame as price has bounced off the resistance around 114.25.