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Contact us:

phone: +1 849 9370815

email: [email protected]

Market Info

Forex Major Currencies Outlook (Oct 27, 2015)

USD The US dollar had a mixed performance, as it reacted mostly to risk sentiment and a bit of profit-taking from the recent strong moves. New home sales data from the US was weaker than expected, as the figure landed at 468K while the previous reading...

EURCHF Falling Trend Line (Oct 27, 2015)

EURCHF has been trading steadily lower on its 1-hour chart, as the recent highs of price action can be connected by a falling trend line. Price is currently testing the trend line resistance, which might still keep further gains in check. If so, a move...

Forex Major Currencies Outlook (Oct 26, 2015)

USD The US dollar advanced against most of its peers on Friday, as the surprise rate cut by the Chinese central bank spurred a bit of risk aversion.  In addition, data from the US was better than expected since the flash manufacturing PMI climbed...

EURJPY Long-Term Triangle (Oct 26, 2015)

EURJPY made a break below its symmetrical triangle last week but is still stuck in consolidation.  Price is now stalling around the bottom of the descending triangle on its daily time frame. Support is located at the 133.50 minor psychological level,...

Forex Major Currencies Outlook (Oct 23, 2015)

USD   The US dollar regained ground against its peers when risk appetite tanked after the ECB statement.  Data from the US came in better than expected, as the initial jobless claims showed a 259K figure versus the projected 266K reading while...

EURUSD Long-Term Selloff (Oct 23, 2015)

EURUSD had been trading inside an ascending triangle chart pattern since the start of the year, as price formed higher lows and found resistance near the 1.1500 major psychological level.  However, the latest ECB statement triggered a sharp downside...

Forex Major Currencies Outlook (Oct 22, 2015)

USD The US dollar advanced against most of its peers as risk aversion seemed to return to the financial markets.  There have been no major reports out of the US economy yesterday while today has the initial jobless claims and existing home sales...

EURGBP Range Resistance Ahead of ECB (Oct 22, 2015)

EURGBP is still trading around the top of its range on the 4-hour time frame, as traders are waiting for the upcoming ECB statement.  Price has been testing the resistance at the .7400 major psychological level for quite some time and has indicated...

Forex Major Currencies Outlook (Oct 21, 2015)

USD The US dollar regained ground against most of its peers in recent trading sessions when Fed head Yellen didn't exactly show any shift in her monetary policy bias.  Other FOMC members reiterated that a liftoff is still possible this year but...

EURUSD Long-Term Triangle (Oct 21, 2015)

EURUSD has been trending higher on its short-term time frames but a look at the daily chart reveals that the pair is still consolidating inside an ascending triangle pattern.  The resistance around the 1.1500 major psychological held on the latest...