Market Info

Forex Major Currencies Outlook (Oct 2, 2015)

USD

The US dollar had a mixed performance in recent trading sessions, as traders are probably squaring off their positions ahead of the US NFP release today. 

GBPAUD Descending Triangle (Oct 2, 2015)

GBPAUD formed lower highs and found support at the 2.1425 level, creating a descending triangle pattern on its 4-hour forex chart. 

Forex Major Currencies Outlook (Oct 1, 2015)

USD

The US dollar had a mixed performance after data from the economy came in mixed. 

EURAUD Range Setup (Oct 1, 2015)

EURAUD has just gotten rejected on its test of the range resistance at the 1.6200 major psychological level and is now headed towards support at the 1.5600-1.5650 area. 

Forex Major Currencies Outlook (Sept 30, 2015)

USD

The US dollar was off to a strong start when risk sentiment weakened during the Asian trading session but gave back its recent wins when higher-yielders regained ground later on. 

AUDUSD Double Bottom (Sept 30, 2015)

AUDUSD might be done from its recent slide, as it formed a double bottom formation on the 1-hour chart and a larger one on the 4-hour time frame. 

Forex Major Currencies Outlook (Sept 29, 2015)

USD

The US dollar had a mixed performance, as it gained ground to the pound and comdolls but weakened against the yen and euro. 

EURUSD Double Bottom (Sept 29, 2015)

EURUSD could be in for a short-term reversal from its recent selloff, as the pair formed a double bottom pattern on its 1-hour time frame. 

Forex Major Currencies Outlook (Sept 28, 2015)

USD

The US dollar was able to cap off a pretty good week, spurred mostly by hawkish remarks from Fed officials. 

AUDUSD Bullish Divergence (Sept 28, 2015)

AUDUSD has been in a strong downtrend lately but it looks like the bearish momentum is fading.