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Market Info

USD/CAD Short-Term Rising Trend Line (May 21, 2013)

The dollar seems to have retreated from its rallies at the start of this week, as traders may have booked profits off key inflection points for the major pairs. 

Forex Major Currencies Outlook (May 20, 2013)

USD

The U.S. dollar is still able to draw support from news of the Fed mapping out its stimulus exit plan, despite the wave of bad economic data from the U.S. last week. 

AUD/USD Short-Term Falling Trend Line (May 20, 2013)

Ever since AUD/USD breached the 1.0200 major psychological level, it has been on a very strong selloff, even breaking below parity. 

Forex Major Currencies Outlook (May 17, 2013)

USD

The U.S. economy chalked up another day’s worth of weak economic figures as its CPI and Philly Fed index ended up below expectations. 

GBP/USD Trend Line Break and Retest (May 17, 2013)

GBP/USD already broke below the rising trend line on the 4-hour time frame earlier this week, but it appears that the pair has found support around the 1.5200 major psychological level for now.

Forex Major Currencies Outlook (May 16, 2013)

USD

The U.S. dollar retreated against most of its major counterparts in yesterday’s New York session, as weak economic figures put a cap on its recent rallies. 

USD/JPY: Chance to Join the Rally? (May 16, 2013)

USD/JPY seems to have stalled right below the 103.00 major psychological resistance level as the pair retreated upon reaching a high of 102.78.

Forex Major Currencies Outlook (May 15, 2013)

USD 

The U.S. dollar continued to advance against its major currency counterparts in yesterday’s trading session as the upbeat monetary policy expectations from the Fed provide support for the Greenback. 

EUR/USD Daily Reversal Chart Patterns (May 15, 2013)

Following a successful break of the double top neckline on the daily time frame, EUR/USD appears poised to test the neckline of the larger head and shoulders formation, which can be seen on both the weekly and daily charts.

Forex Major Currencies Outlook (May 14, 2013)

USD

Dollar strength is still in vogue today as the latest U.S. retail sales release somewhat came in line with consensus

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Instrument Bid Ask Spread

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