Market Info

Forex Major Currencies Outlook (Nov 30, 2016)

USD

The US dollar had a mixed performance despite seeing stronger than expected economic reports. 

USDCAD Descending Channel (Nov 30, 2016)

USDCAD is still trending lower, moving inside a descending channel on its 1-hour chart and bouncing off resistance.

Forex Major Currencies Outlook (Nov 29, 2016)

USD

The US dollar was off to a bit of a weak start due to profit-taking and Trump's Twitter tantrum over the weekend.

GBPUSD Short-Term Range (Nov 29, 2016)

GBPUSD has been moving sideways, finding support around 1.2365 and resistance at the 1.2500 major psychological level.

Forex Major Currencies Outlook (Nov 28, 2016)

USD 

The dollar gave back some of its recent gains on Friday as US traders were out on a holiday.

USDJPY Short-Term Correction (Nov 28, 2016)

USDJPY is trending higher on its 1-hour chart, moving above an ascending trend line connecting the latest lows of price action. 

Forex Major Currencies Outlook (Nov 25, 2016)

USD 

Dollar pairs barely budged in the recent trading sessions as US traders were off on a Thanksgiving holiday.

EURGBP Countertrend Setup (Nov 25, 2016)

EURGBP has been trending lower on its short-term time frames, moving inside a descending channel on the 1-hour chart.

Forex Major Currencies Outlook (Nov 24, 2016)

USD 

The US dollar resumed its rallies across the board, buoyed by hawkish FOMC minutes and mostly strong data. 

USDCAD Downtrend Channel (Nov 24, 2016)

USDCAD appears to be starting a new trend down, creating a downtrend channel on its 1-hour time frame.