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Contact us:

phone: +1 849 9370815

email: [email protected]

Market Info

Forex Major Currencies Outlook (Dec 9, 2014)

USD The US dollar returned some of its latest trading gains at the start of the week as forex traders booked profits off key levels.  USDJPY retreated below the 121.00 handle while GBPUSD recovered above 1.5600. The US labor market conditions index...

USDJPY 100 SMA Support (Dec 9, 2014)

USDJPY is making another test of the rising trend line support visible on its 1-hour forex time frame. The pair has just traded around the 122.00 levels and pulled back to the 120.50 area, which is around the trend line and 100 simple moving average....

Forex Major Currencies Outlook (Dec 8, 2014)

 USD The US dollar had a good run on Friday, as the non-farm payrolls report came in much stronger than expected.  The economy added 321K jobs in November versus the projected 231K gain while the jobless rate held steady at 5.8%. Other labor...

GBPUSD Triangle Breakout (Dec 8, 2014)

GBPUSD made a downside break from the symmetrical triangle chart pattern on its 1-hour time frame, indicating that further losses are in the cards for the pair.  The chart formation is roughly 250 pips in height so the resulting selloff could be...

Forex Major Currencies Outlook (Dec 5, 2014)

USD The US dollar extended its rallies in recent trading, pushing USDJPY to the 120.00 levels.  Data from the US economy came in line with expectations, as the initial jobless claims saw a 297K increase. Traders are pricing in expectations ahead...

USDJPY Rising Trend Line (Dec 5, 2014)

USDJPY is encountering strong resistance at the 120.00 major psychological mark and may be due for a pullback soon.  Price could test the rising trend line on its 1-hour chart, as this has been holding as support for the past month.  The trend...

Forex Major Currencies Outlook (Dec 4, 2014)

USD   The US dollar regained ground to its counterparts, thanks to stronger than expected data from the US.  The ISM non-manufacturing PMI climbed from 57.1 to 59.3, outpacing the consensus at 57.5. However, the ADP non-farm employment change...

AUDJPY Range Setup (Dec 4, 2014)

AUDJPY has been moving sideways as seen on the range on its 1-hour time frame.  Price found support at the 100.00 major psychological mark and resistance at the 101.00 major psychological level. The pair is on its way to test the top of the range...

Forex Major Currencies Outlook (Dec 3, 2014)

USD The US dollar asserted its dominance to most of its forex counterparts, as it resumed its strong climb to the yen and franc while comdolls traded lower.  There were no major reports released from the US economy, as FOMC officials were also...

NZDUSD Range Setup (Dec 3, 2014)

NZDUSD is testing the bottom of the range forming on its 1-hour time frame, as price is finding a floor at the. 7780 area once more. A bounce off this support zone could lead to a test of the top of the range at the .7915 level.  Stochastic is moving...