Market Info

Forex Major Currencies Outlook (Apr 11, 2016)

USD

The US dollar had a mixed performance but it was able to scrape in some gains before the end of the session. 

GBPUSD Reversal Pattern (Apr 11, 2016)

GBPUSD has formed a head and shoulders pattern on its 4-hour time frame, suggesting a potential reversal from the previous uptrend. 

Forex Major Currencies Outlook (Apr 08, 2016)

USD

The US dollar was able to benefit from the run in risk aversion yesterday, advancing against most of its higher-yielding rivals except for the yen.

EURJPY Broken Trend Line Pullback (Apr 08, 2016)

EURJPY previously broke below a rising trend line support on the 4-hour time frame and might be due for a correction soon.

Forex Major Currencies Outlook (Apr 07, 2016)

USD

The US dollar was weaker against its forex rivals even though the FOMC minutes showed a couple of votes to hike interest rates in March

USDCAD Downtrend Channel (Apr 07, 2016)

USDCAD has been trending lower, thanks to the recent rallies in oil prices.

Forex Major Currencies Outlook (Apr 06, 2016)

USD

The US dollar had another mixed performance, as data from the economy came in mixed.

AUDNZD Retracement Opportunity (Apr 06, 2016)

AUDNZD broke past the resistance around the 1.1000 major psychological level last month then zoomed up to the 1.1300 levels before showing signs of a pullback.

Forex Major Currencies Outlook (Apr 05, 2016)

USD

The US dollar had a mixed performance as it functioned as a counter currency due to the lack of top-tier data.

NZDUSD Ascending Channel (Apr 05, 2016)

NZDUSD has slowly been trending higher, moving inside an ascending channel formation on its 4-hour chart.