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Market info

EURUSD Long-Term Pullback (Feb 08, 2018)

EURUSD appears to be pulling back from its latest rally as price could correct to the ascending trend line or Fib levels on the daily time frame.

Forex Major Currencies Outlook (Feb 07, 2018)

USD

The US dollar was off to a good start but failed to hold on to most of its gains as risk appetite returned to the markets when equities recovered.

GBPUSD Spinning Top (Feb 07, 2018)

GBPUSD recently broke past the resistance of a long-term ascending channel, indicating that a steeper climb may be underway.

Forex Major Currencies Outlook (Feb 06, 2018)

USD

The dollar was able to draw a bit of support from risk-off flows even as equities plummeted.

EURJPY Ascending Channel (Feb 06, 2018)

EURJPY suffered a steep drop recently but is currently pausing at the bottom of its ascending channel on the 4-hour time frame.

Forex Major Currencies Outlook (Feb 5, 2018)

USD

The US dollar staged a strong rally during the NFP release as the results came in better than expected. 

USDCAD Descending Channel (Feb 5, 2018)

USDCAD popped up from support around the 1.2250 minor psychological level to the 1.2400 area, which lines up with an area of interest. 

Forex Major Currencies Outlook (Feb 02, 2018)

USD

The dollar was in a weak spot once more and failed to draw a boost from upbeat economic data.

USDJPY Channel Resistance (Feb 02, 2018)

USDJPY is trending lower on its 4-hour time frame, moving inside a descending channel pattern.

Forex Major Currencies Outlook (Feb 01, 2018)

USD

The FOMC statement led to a bit of a boost for the dollar on stronger inflation expectations and the addition of the word "further" in projecting more tightening moves.

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Over the next week, market activity and liquidity may be lower than usual. This may result in higher spread...

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