Market Info

Forex Major Currencies Outlook (June 22, 2016)

USD

The US dollar regained ground against its peers despite mixed remarks from Fed Chairperson Yellen. 

EURAUD Descending Channel (June 22, 2016)

EURAUD has been trending lower, moving inside a descending channel on its 4-hour time frame. 

Forex Major Currencies Outlook (June 21, 2016)

USD

The US dollar was mostly weaker against its rivals as risk appetite stayed in the markets for the most part of the day. 

Long-Term Resistance on GBPUSD (June 21, 2016)

GBPUSD gapped up over the weekend and carried on with its bullish run on Monday, bringing price up to the resistance at the 1.4700 major psychological mark. 

Forex Major Currencies Outlook (June 20, 2016)

USD

The US dollar gave up ground to its counterparts and gapped down over the weekend as risk appetite appeared to pick up.

GBPJPY Support Turned Resistance (June 20, 2016)

GBPJPY recently broke below support around the 153.50 to 154.00 levels and dipped to a low of 145.50. 

Forex Major Currencies Outlook (June 17, 2016)

USD

The US dollar returned some of its recent wins when risk appetite appeared to return in the markets. 

EURJPY Downtrend Correction (June 17, 2016)

EURJPY has been trending lower on its 1-hour time frame, moving under a descending trend line connecting the latest highs of price action. 

Forex Major Currencies Outlook (June 16, 2016)

USD

The US dollar gave up ground to its forex peers when the Fed refrained from hiking interest rates in their latest policy decision. 

GBPUSD Short-Term Retracement (June 16, 2016)

GBPUSD recently made a downside break from support around the 1.4450 minor psychological level, indicating that price was in for further declines.