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Market info

Forex Major Currencies Outlook (Jan 31, 2018)

USD

The US dollar rallied and reversed on profit-taking towards the end of the month and ahead of the State of the Union address and FOMC statement.

EURUSD Short-Term Trend Line Bounce (Jan 31, 2018)

EURUSD has been trending higher over the past few weeks and is currently above a steep rising trend line on its 1-hour chart. 

Forex Major Currencies Outlook (Jan 30, 2018)

USD

The US dollar staged a decent recovery during the New York session on revived expectations of Fed tightening. 

USDJPY Range Support (Jan 30, 2018)

USDJPY has been moving back and forth inside a range with support at the 109.00 major psychological level and resistance at 114.00.

Forex Major Currencies Outlook (Jan 29, 2018)

USD

The dollar regained some ground towards the end of the previous week despite weaker than expected GDP.

GBPJPY Ascending Channel (Jan 29, 2018)

GBPJPY is trending higher and looks ready for a test of its ascending channel support. 

USDCAD Triangle Pullback (Jan 26, 2018)

USDCAD recently broke to the downside of its symmetrical triangle formation and fell to a low of 1.2240.

Forex Major Currencies Outlook (Jan 26, 2018)

USD

The US dollar dollar drew some support in the New York session as US President Trump said that he sees the currency getting stronger and stronger.

Forex Major Currencies Outlook (Jan 25, 2018)

USD

The dollar suffered yet another selloff after Treasury Secretary Mnuchin remarked in the Davos summit that a weaker dollar is good for trade.

NZDUSD Trend Line Bounce (Jan 25, 2018)

This pair has been trending higher, moving above an ascending trend line on the 1-hour time frame and just bouncing off support.

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2018 Christmas and New Years Holiday Schedule

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

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