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Market info

Forex Major Currencies Outlook (Aug 22, 2017)

USD 

The dollar edged slightly lower at the start of the week as trader reacted to Bannon's resignation.

GBPNZD Range Setup (Aug 22, 2017)

GBPNZD has recently bounced off the top of its range at the 1.7900 major psychological level and is making its way to the bottom at 1.7400.

Forex Major Currencies Outlook (Aug 18, 2017)

USD 

The dollar remained in a weak spot due to the fallout from Trump's response to the violence in Charlottesville.

GBPJPY Triangle Breakdown (Aug 18, 2017)

GBPJPY was previously trading inside an ascending triangle visible on its daily time frame and has just broken below support to signal that bears have gotten the upper hand.

Forex Major Currencies Outlook (Aug 17, 2017)

USD 

The US dollar was weighed down heavily by downbeat housing starts and building permits, followed by the FOMC minutes and the fallout in Washington.

NZDJPY Inverse Head and Shoulders (Aug 17, 2017)

NZDJPY appears to be done with its tumble as price is forming an inverse head and shoulders pattern on its 1-hour time frame.

Forex Major Currencies Outlook (Aug 16, 2017)

USD 

The US dollar got a bit of a boost from stronger than expected July retail sales figures, along with positive revisions for the June report.

EURUSD Short-Term Downtrend (Aug 16, 2017)

EURUSD is starting to trend lower and move inside a descending channel formation.

Forex Major Currencies Outlook (Aug 15, 2017)

USD 

The US dollar recovered from its downbeat performance late last week, thanks to upbeat remarks from Fed official Dudley and a positive close for equities.

GBPNZD Ascending Triangle (Aug 15, 2017)

GBPNZD has formed higher lows and found resistance around the 1.7900 major psychological level, creating an ascending triangle pattern on its 4-hour time frame.

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