Market Info

Forex Major Currencies Outlook (Nov 26, 2014)

USD

The US dollar barely benefitted from the upgraded Q3 GDP reading from 3.5% to 3.9%, as forex pairs seemed to react to risk appetite. 

GBPJPY Potential Reversal (Nov 26, 2014)

GBPJPY formed a double top pattern on its 1-hour forex chart, hinting that a potential sellof is in the cards. 

Forex Major Currencies Outlook (Nov 25, 2014)

USD

The US dollar had another mixed performance as it lost ground to the euro and franc, consolidated to the pound, and advanced against the yen and commodity currencies. 

USDCHF Range Setup (Nov 25, 2014)

USDCHF has been moving sideways recently, creating a range between support at the .9575 area and resistance at .9725. 

Forex Major Currencies Outlook (Nov 24, 2014)

USD

The US dollar had a mixed performance as it returned some of its gains to the yen and comdolls while gaining more ground to the European currencies. 

AUDUSD Reversal Pattern (Nov 24, 2014)

A short-term rally might take place for AUDUSD, as the pair formed a double bottom pattern on its 4-hour time frame. 

Forex Major Currencies Outlook (Nov 21, 2014)

USD

The US dollar edged cautiously higher against most of its major counterparts, as data from the economy came in mixed. 

USDJPY Uptrend Retracement (Nov 21, 2014)

USDJPY has been on a steady climb but it appears to be retreating from its latest rally. 

Forex Major Currencies Outlook (Nov 20, 2014)

USD

The US dollar enjoyed renewed demand as the FOMC minutes seemed more upbeat than usual. 

EURUSD Rising Trend Channel (Nov 20, 2014)

EURUSD is moving inside a rising channel on its 1-hour forex chart, with price just finding resistance at the top of the range.