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Market Info

Forex Major Currencies Outlook (Oct 22 – Oct 26)

USD

Retail sales in the US came in worse than expected, however the control group, which represents the total industry sales that are used to prepare the estimates of PCE for most goods, showed an increase to 0.5%.

Forex Major Currencies Outlook (Oct 15 – Oct 19)

USD

Treasury yields are pushing the dollar up. 10 Year Treasury yields are trading near the highest levels since March, 2011. 

Forex Major Currencies Outlook (Apr 19, 2018)

USD

The dollar scored another winning day thanks to higher US bond yields. 

GBPJPY Channel Pullback (Apr 19, 2018)

GBPJPY continues to trend higher but has bounced off the top of its long-term ascending channel visible on the 4-hour time frame. 

Forex Major Currencies Outlook (Apr 18, 2018)

USD

The US dollar has been able to regain some ground recently thanks to strong medium-tier data and a pickup in bond yields on cooling geopolitical risks.

USDJPY Bearish Correction Play (Apr 18, 2018)

USDJPY previously broke below support around the 109.00 major psychological level and has dipped to a low of 105.25 before pulling up.

Forex Major Currencies Outlook (Apr 17, 2018)

USD

The dollar barely reacted to upbeat retail sales data as traders remained doubtful about Fed tightening plans and worried about geopolitical risks.

EURAUD Break and Retest (Apr 17, 2018)

EURAUD recently broke below its head and shoulders neckline to confirm that a downtrend is underway. 

Forex Major Currencies Outlook (Apr 13, 2018)

USD

The US currency was able to draw a bid in recent sessions thanks mostly to improving investor sentiment on cooling geopolitical risks from China and Syria.

EURUSD Triangle Pattern (Apr 13, 2018)

EURUSD has formed lower highs and higher lows to create a symmetrical triangle on its 4-hour time frame.

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