Market Info

Forex Major Currencies Outlook (Mar 19, 2018)

USD

The US dollar was on strong footing until the end of the week as data came in mostly upbeat and supportive of an interest rate hike this week.

AUDUSD Countertrend Play (Mar 19, 2018)

AUDUSD has been trending lower and moving inside a descending channel on its 1-hour time frame. 

Forex Major Currencies Outlook (Mar 16, 2018)

USD

The US dollar drew a lot of support from its peers in the New York session when medium-tier reports came in mostly stronger than expected.

USDJPY Descending Triangle (Mar 16, 2018)

USDJPY has formed lower highs and found support at the 105.60 level, creating a descending triangle pattern on its 1-hour time frame.

Forex Major Currencies Outlook (Mar 15, 2018)

USD

The dollar dipped upon seeing downbeat retail sales data but soon rebounded.

EURGBP Channel Support (Mar 15, 2018)

EURGBP is trending higher on its 4-hour time frame, moving inside an ascending channel and currently testing support.

Forex Major Currencies Outlook (Mar 14, 2018)

USD

The US dollar took some hits once more as Trump decided to fire Secretary of State Tillerson and could also sack other officials that disagree with him. 

GBPAUD Range Setup (Mar 14, 2018)

GBPAUD is moving sideways recently, finding support at the 1.7600 major psychological level and resistance at 1.7900. 

Forex Major Currencies Outlook (Mar 13, 2018)

USD

The US dollar shed some ground to its peers, presumably on positioning ahead of the inflation releases later this week.

EURAUD Rising Wedge (Mar 13, 2018)

EURAUD is slowly trending higher inside a rising wedge formation visible on the 4-hour time frame.