Market Info

Forex Major Currencies Outlook (Oct 05, 2017)

USD 

The US dollar barely got a boost from upbeat ISM non-manufacturing PMI and ADP non-farm employment change data as the focus was on the next Fed Chair.

EURGBP Area of Interest (Oct 05, 2017)

EURGBP is currently testing a former resistance level around the .8800 major psychological mark, which appears to be holding as support.

Forex Major Currencies Outlook (Oct 04, 2017)

USD 

The dollar managed to hold on to most of its recent gains as equity indices shot to record highs on strong auto sales.

EURUSD Major Correction (Oct 04, 2017)

EURUSD previously broke past the range resistance at the 1.1450 minor psychological level to indicate that bullish momentum has won over.

Forex Major Currencies Outlook (Oct 03, 2017)

USD 

The Greenback got a strong boost from better than expected manufacturing PMI data, as these lifted expectations for the NFP and therefore a December Fed rate hike.

GBPUSD Long-Term Correction (Oct 03, 2017)

Cable has been selling off recently but could be due for a bounce as it tests the support zones visible on its long-term chart.

Forex Major Currencies Outlook (Oct 02, 2017)

USD

The US dollar gave back most of its recent wins at the end of the week on profit-taking and the lack of follow-through on tax reform.

AUDUSD Resistance Turned Support (Oct 02, 2017)

AUDUSD previously broke past the resistance around the .7750 minor psychological level then zoomed up to the .8100 area.

Forex Major Currencies Outlook (Sep 29, 2017)

USD 

The US dollar remains strongly supported thanks to talks of tax cuts.

EURUSD Support Turned Resistance (Sep 29, 2017)

EURUSD recently broke below support around the 1.1850 minor psychological level then dropped close to the 1.1700 mark.