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Contact us:

phone: +1 849 9370815

email: [email protected]

Market Info

AUDNZD Ascending Channel (Aug 09, 2017)

AUDNZD made higher highs and higher lows, moving inside an ascending channel on its 1-hour time frame. Price just bounced off the resistance and looks ready for another test of support.  Using the Fib tool on the latest swing low and high shows...

Forex Major Currencies Outlook (Aug 08, 2017)

USD   The US dollar was off to a slow start for the week as there were no major reports released. Two Fed officials shared their thoughts on future policy moves, with both Kashkari and Bullard urging to start the balance sheet runoff soon since...

USDCHF Descending Channel (Aug 08, 2017)

USDCHF has been trending lower on its short-term time frames, with price moving inside an ascending channel that's been holding since November last year. Price has bounced off support and is on its way to test the resistance.  Applying the Fibonacci...

Forex Major Currencies Outlook (Aug 07, 2017)

USD The US dollar got a boost upon seeing stronger than expected July NFP data. The economy added 209K jobs during the month versus the estimated 187K gain while the June reading enjoyed an upgrade to 231K. Average hourly earnings came in line with...

NZDJPY Long-Term Ceiling (Aug 07, 2017)

NZDJPY is currently bouncing off the long-term range resistance at the 83.00 major psychological level, possibly putting it back on track towards testing support around 73.00 or at the mid-range area of interest around 78.00. The 100 SMA is below the...

Forex Major Currencies Outlook (Aug 04, 2017)

USD   The US dollar had a mixed run as it reacted to currency-specific events. Traders seemed hesitant to take large positions ahead of the NFP release since leading indicators have been hinting at a slowdown in hiring. The ISM non-manufacturing...

AUDJPY Correction Levels (Aug 04, 2017)

AUDJPY staged a strong rally recently but appears to be topping out at the 89.00 area. A correction could be due before this pair heads any further north, and applying the Fibonacci tool on the latest swing low and high on the daily time frame shows...

Forex Major Currencies Outlook (Aug 03, 2017)

USD   The US dollar had a mixed run as it reacted mostly to currency-specific data and was tossed around by Fed commentary. A couple of Fed officials warned that weak inflation should keep gradual tightening in place while Bullard emphasized that...

GBPNZD Double Bottom (Aug 03, 2017)

GBPNZD bounced a couple of times off the 1.7400 level, creating a double bottom pattern with a neckline at the 1.7850 minor psychological level. Price has yet to break past the resistance before confirming that a longer-term uptrend is in order. ...

Forex Major Currencies Outlook (Aug 02, 2017)

USD   The dollar recovered slightly against its peers when a bit of risk aversion returned to the markets and US data came in mostly in line with estimates. The core PCE price index posted another 0.1% as expected while personal spending ticked...