Market Info

Trade Setup for the Day: Long NZD/USD (February 20, 2013)

NZD/USD’s uptrend is still intact as the rising channel on the 4-hour chart seems to be holding.

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. 

Trade Setup of the Day: Straddle EUR/USD (February 19, 2013)

EUR/USD has been trading cautiously so far as the pair is currently consolidating into a pennant on the 4-hour time frame. 

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.

Trade Setup for the Day: Short GBP/USD (February 18, 2013)

Weak fundamentals have been weighing on the pound for the past few days as the odds are tilted towards further monetary policy easing from the BOE.

Forex Major Currencies Outlook (February 15, 2013)

USD: Bullish

The U.S. dollar seems to be emerging as a safe-haven currency once more as traders are seeking a more stable currency while the G20 Summit is going on.