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Forex Major Currencies Outlook (Aug 26, 2016)


The US dollar continued to rake in gains earlier in the day but wound up retreating on profit-taking.

EURUSD Uptrend Pullback (Aug 26, 2016)

EURUSD has been trending higher on its 4-hour chart, moving inside an ascending channel pattern and currently testing resistance.

Forex Major Currencies Outlook (Aug 25, 2016)


The US dollar advanced against most of its forex peers despite downbeat housing data, as traders seem to be reacting to market sentiment. 

AUDUSD Descending Channel (Aug 25, 2016)

AUDUSD has been trending lower on its 1-hour time frame, moving inside a descending channel formation.

Forex Major Currencies Outlook (Aug 24, 2016)


The US dollar was mostly stronger in recent trading, except against the British pound.

EURGBP Pullback to Channel Support (Aug 24, 2016)

EURGBP has been moving in an ascending channel visible on its longer-term time frames and is just testing the resistance. 

Forex Major Currencies Outlook (Aug 23, 2016)


The US dollar had a mixed performance as there were no major reports on deck.

USDCAD Breakdown Retracement (Aug 23, 2016)

USDCAD was previously trading inside an ascending channel pattern before breaking lower to signal a reversal. 

Forex Major Currencies Outlook (Aug 22, 2016)


The US dollar was able to regain ground against its peers on Friday, despite the lack of top-tier data from the US economy.

EURUSD Uptrend Correction (Aug 22, 2016)

EURUSD is on an uptrend on its 4-hour time frame, moving above an ascending trend line and getting ready to test support.

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