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Forex Major Currencies Outlook (Jan 17, 2017)


Most dollar pairs were trading sideways as US traders were off on the Martin Luther King Day holiday.

EURJPY Daily Selloff (Jan 17, 2017)

EURJPY has been trending lower on its daily time frame, moving inside a descending channel formation and currently testing the resistance. 

Forex Major Currencies Outlook (Jan 16, 2017)


The US dollar was off to a strong start this week on risk-off vibes in the markets.

EURUSD Ascending Channel (Jan 16, 2017)

EURUSD continues to tread higher, moving inside an ascending channel visible on its 1-hour time frame.

Forex Major Currencies Outlook (Jan 13, 2017)


The US dollar continued to slide as investors priced in concerns about the Trump presidency.

EURAUD Range Support (Jan 13, 2017)

EURAUD continues to trade sideways, moving between support at the 1.4150 minor psychological level and resistance at the 1.4500 mark. 

Forex Major Currencies Outlook (Jan 12, 2017)


The US dollar staged a sudden selloff when President-elect Trump delivered his first press conference during which he focused on a number of issues such as Russia's election hack, drug overpricing, and Mexico's automobile industry among many others but failed to share more fiscal policy details.

EURJPY Range Breakdown (Jan 12, 2017)

EURJPY had been trading between support at the 121.70 area and resistance at 123.75.

Forex Major Currencies Outlook (Jan 11, 2017)


The dollar had a mixed performance as economic data did very little to provide strong direction.

GBPJPY Breakdown Pullback (Jan 11, 2017)

GBPJPY recently broke below a head and shoulders reversal formation, signaling that a long-term downtrend is in the cards. 

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