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Forex Major Currencies Outlook (Feb 17, 2017)


The US dollar was still mostly weaker against its peers but it managed to advance against commodity currencies.

EURAUD Downtrend Pullback (Feb 17, 2017)

EURAUD has been trending lower and has recently broken below support around the 1.3800-1.3850 area. 

Forex Major Currencies Outlook (Feb 16, 2017)


The US dollar gave back some of its recent gains when Fed head Yellen sounded less upbeat in her second testimony. 

AUDUSD Countertrend Play (Feb 16, 2017)

AUDUSd has been trending higher on its short-term time frames, moving inside an ascending channel on its 1-hour chart. 

Forex Major Currencies Outlook (Feb 15, 2017)


The US dollar got a boost from Fed Chairperson Yellen's testimony, as she confirmed that a rate hike is possible in their upcoming meetings.

AUDUSD Short-Term Range (Feb 15, 2017)

AUDUSD bounced off support around the .7615 area once more and is now making its way back to the top of its short-term range visible on the 1-hour time frame. 

Forex Major Currencies Outlook (Feb 14, 2017)


The US dollar had a mixed performance as it consolidated to the yen but advanced to the euro.

GBPJPY Symmetrical Triangle (Feb 14, 2017)

GBPJPY has formed lower highs and higher lows, creating a symmetrical triangle pattern visible on its 4-hour time frame. 

Forex Major Currencies Outlook (Feb 13, 2017)


The US dollar held on to its recent gains as traders are hopeful that Trump can announce details on his tax reform plan soon. 

NZDUSD Broken Trend Line (Feb 13, 2017)

NZDUSD recently broke past a descending trend line visible on its 4-hour and daily time frames, signaling that an uptrend is due. 

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