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Market info

GBPAUD Trend Line Retest (Jan 18, 2018)

GBPAUD recently fell through the rising trend line on its 4-hour time frame, indicating that a reversal is in order.

Forex Major Currencies Outlook (Jan 17, 2018)

USD

The US dollar continued to tumble across the board on concerns about a potential government shutdown and weaker performance in energy stocks.

NZDUSD Ascending Trend Channel (Jan 17, 2018)

NZDUSD is trending higher on an ascending channel visible on its 1-hour and 4-hour chart.

Forex Major Currencies Outlook (Jan 16, 2018)

USD

The dollar was down in the dumps as banks were closed on a holiday and the usual stock market rallies weren't there to buoy the currency higher.

USDJPY Broken Support Retest (Jan 16, 2018)

USDJPY recently fell through support at the 112.00 major psychological level and looks ready for a pullback to this area of interest.

Forex Major Currencies Outlook (Jan 12, 2018)

USD 

The US dollar was dragged lower by downbeat PPI data, as both headline and core readings posted 0.1% declines instead of the estimated 0.2% gains.

USDCAD Support Turned Resistance (Jan 12, 2018)

USDCAD recently broke through the floor around the 1.2650 minor psychological mark then fell to a low of 1.2362.

Forex Major Currencies Outlook (Jan 11, 2018)

USD 

The dollar was in a bit of a weak spot due to reports that China plans on trimming its Treasury holdings.

EURAUD Countertrend Play (Jan 11, 2018)

EURAUD has been trading in a descending channel pattern on its 4-hour time frame and has recently bounced off the resistance.

Forex Major Currencies Outlook (Jan 10, 2018)

USD 

The dollar gave up ground as the yen advanced sharply in the earlier trading sessions, but the US currency was able to rebound as Treasuries hit record highs.

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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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