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Market Info

Forex Major Currencies Outlook (July 4, 2013)


The US dollar lost to most of its major counterparts in yesterday’s trading, as some traders booked profits ahead of the Fourth of July holiday in the United States. 

AUD/USD Break and Retest Day Trade (July 4, 2013)

AUD/USD has been undergoing heavy selling pressure, but it appears the pair has found support around the .9100 area. It could pull up for a quick retracement before the selloff resumes.

Forex Major Currencies Outlook (July 3, 2013)


The US dollar made a stellar recovery against its major counterparts in yesterday’s trading, pushing EUR/USD below the 1.3000 handle and USD/JPY above the 100.00 mark. 

NZD/USD Scalping Range Setup (July 3, 2013)

NZD/USD has been moving sideways on its 1-hour time frame, as the pair found support around the .7720 level and resistance near .7830. 

Forex Major Currencies Outlook (July 2, 2013)


The dollar was off to a good start for the week, as risk aversion remained in the markets for most of the Asian session.

EUR/USD: Double Bottom Forming? (July 2, 2013)

EUR/USD has tested the 1.3000 major psychological level a few times already, forming a double bottom pattern on its 1-hour time frame. 

Forex Major Currencies Outlook (July 1, 2013)


The US dollar has a lot of major reports in line for the week, with the ISM manufacturing PMI, ISM non-manufacturing PMI, and NFP report due. 

AUD/USD Intraday Retracement (July 1, 2013)

China just printed its set of PMI figures from HSBC and the government in today’s Asian session, and both reports showed weaker performance in its manufacturing sector.

Forex Major Currencies Outlook (June 28, 2013)


The US dollar dominated the day’s price action once more, as strong economic data boosted the currency against its counterparts. 

GBP/USD Trend Play (June 28, 2013)

GBP/USD is still on a steady downtrend on its 1-hour time frame, as the pair is moving below a falling trend line connecting its recent highs for the month.

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