Market Info

Forex Major Currencies Outlook (Aug 02, 2017)

USD 

The dollar recovered slightly against its peers when a bit of risk aversion returned to the markets and US data came in mostly in line with estimates.

USDCAD Short-Term Reversal (Aug 02, 2017)

USDCAD failed in its last two attempts to break below the 1.2400 area, creating a double bottom formation on its 1-hour time frame.

Forex Major Currencies Outlook (Aug 01, 2017)

USD 

The Greenback was under pressure due to internal chaos in the White House and brewing tensions with North Korea.

GBPUSD Countertrend Play (Aug 01, 2017)

GBPUSD has been trending higher and moving inside an ascending channel on its daily time frame.

Forex Major Currencies Outlook (July 31, 2017)

USD

The US dollar regained some ground to its peers on Friday when GDP data beat expectations. 

EURCAD Descending Channel (July 31, 2017)

EURCAD has been trending lower, moving inside a descending channel on its 4-hour chart. 

Forex Major Currencies Outlook (July 28, 2017)

USD 

The US dollar bounced back from its FOMC tumble when some medium-tier reports beat expectations.

AUDNZD Resistance Turned Support (July 28, 2017)

AUDNZD recently broke past the resistance at the 1.0550 minor psychological level then zoomed up to the 1.0800 levels before pulling back.

Forex Major Currencies Outlook (July 27, 2017)

USD 

The US dollar advanced on positive expectations for the FOMC but soon gave up its gains and more when the statement disappointed.

USDCAD Short-Term Channel (July 27, 2017)

USDCAD continues to trend lower and is moving inside a descending channel visible on the 1-hour time frame.