Market Info

Forex Major Currencies Outlook (Nov 09, 2017)

USD 

The US dollar rallied then reversed as traders have been paying extra close attention to tax reform updates.

NZDUSD Downtrend Correction (Nov 09, 2017)

NZDUSD has been trending lower since breaking below the neckline of a head and shoulders pattern.

Forex Major Currencies Outlook (Nov 08, 2017)

USD

The US dollar took some hits during the New York session when rumors swirled that Senate would impose a one-year delay before implementing tax cuts.

USDCAD Uptrend Correction (Nov 08, 2017)

USDCAD continues to trend higher and is moving above an ascending trend line connecting the lows on the 4-hour time frame.

Forex Major Currencies Outlook (Nov 07, 2017)

USD

The dollar was off to a good start but gave up its gains during the latter part of the London session and throughout the US session after FOMC member Dudley confirmed his retirement plans.

GBPJPY Broken Channel Retest (Nov 07, 2017)

GBPJPY was previously trending higher inside an ascending channel before breaking below support to signal a reversal.

Forex Major Currencies Outlook (Nov 6, 2017)

USD

The US dollar dipped upon seeing downbeat NFP results but recovered before the week closed.

EURAUD Channel Support (Nov 6, 2017)

EURAUD is trending higher and is moving inside an ascending channel on its 4-hour time frame.

Forex Major Currencies Outlook (Oct 27, 2017)

USD 

The dollar has gotten a boost from news that the House passed a budget resolution to allow the tax bill to clear Senate without achieving a supermajority.

EURUSD Head and Shoulders Breakdown (Oct 27, 2017)

EURUSD broke below the neckline of its long-term head and shoulders pattern, confirming that a downtrend is underway.