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Forex Major Currencies Outlook (Nov 28, 2014)

USD

The US dollar regained ground to most of its major counterparts even as there were no reports out of the US economy during the Thanksgiving day holiday

USDJPY Triangle Breakout (Nov 28, 2014)

USDJPY showed more momentum as it broke above the descending triangle resistance in today’s Asian trading session. 

Forex Major Currencies Outlook (Nov 27, 2014)

USD

The US dollar didn’t fare so well in recent trading, as data from the economy came in mostly weaker than expected. 

AUDUSD Descending Trend Line (Nov 27, 2014)

AUDUSD might be in for another major retracement, as price could make its way up to the falling trend line connecting the latest highs of price action. 

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. 

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