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Market info

Forex Major Currencies Outlook (April 24, 2013)

USD              

The U.S. dollar reigned supreme against most of its counterparts, particularly the euro and the Australian dollar, as risk aversion stayed in the markets in yesterday’s trading sessions.

Shallow Retracement or Breakdown on EUR/USD (April 24, 2013)

EUR/USD is currently testing the 1.3000 major psychological area, as the path of least resistance is downwards. 

AUD/USD Long-Term Support at 1.0200 (April 23, 2013)

The recent risk-off market environment has pushed AUD/USD down from the top of the long-term range around 1.0600 towards the bottom. 

Forex Major Currencies Outlook (February 18, 2013)

USD: Bullish

The U.S. dollar gapped higher against most of its major counterparts over the weekend as traders were relieved to see the results of the recently concluded G20 Summit.

Forex Major Currencies Outlook (April 22, 2013)

USD

The U.S. dollar seems to be benefitting from the risk rallies these days as most major economies have been showing signs of a slowdown. 

GBP/USD: Head and Shoulders Pattern (April 22, 2013)

A potential reversal is looming on GBP/USD as the pair formed a complex head and shoulders pattern on the 4-hour time frame. 

Forex Major Currencies Outlook (February 20, 2013)

USD: Bullish 

The U.S. dollar could be in for a bit of consolidation against its major currency counterparts until the big reports are released during the New York session.

Forex Major Currencies Outlook (February 19, 2013)

USD: Bullish

Liquidity was a little low at the start of the week so price action was limited. 

Forex Major Currencies Outlook (April 16, 2013)

USD

The U.S. dollar regained ground against most of its counterparts on Monday even though they printed weak economic data. 

AUD/USD: Potential Retest of 1.0400 (April 16, 2013)

AUD/USD had a sharp selloff since Thursday last week as weak Chinese data and weak Australian data have been weighing the pair down.

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