The USD/CAD pair fell below the 1.04 level again, and now looks suspiciously weak. This is a pair that has been decidedly resilient lately, and below level I.03 level there is a significant support to keep this...
The GBP/USD pair did rise initially during the session on Thursday, but as you can see rose in order to form something along the lines of a hammer. Nonetheless, we don’t like this pair at this point...
The EUR/USD pair fell during most of Thursday, but as you can see bounced perfectly of the 1.30 level in order to form a hammer for the session. This of course shows that the 1.30 level is...
The AUD/USD pair found itself grinding back and forth during the balance of the Thursday session, but as you can see the 0.93 level has offered a bit too much resistance yet again, and as a result...
USD/JPY suffered heavy selling pressure in yesterday’s trading when the FOMC meeting minutes revealed that not all Fed officials are in agreement with Bernanke’s tapering schedule. The minutes showed that some policymakers are still waiting to see...
The USD/JPY pair fell hard during the session on Tuesday, slamming into the 100 handle. The Federal Reserve announced its recent meeting minutes, which showed that several of the members are hoping to see higher employment numbers...
The USD/CAD pair fell hard during the session on Wednesday, as the Federal Reserve releases its minutes from the last meeting.
The GBP/USD pair rose during the session after the Federal Reserve released its minutes, which show that a lot of the members on the committee are a bit confused as to what they want to see before...
The EUR/USD had an extraordinarily positive day after the FMOC minutes came out revealing that several of the Federal Reserve members on the committee were thinking that employment numbers needed to be stronger in order to taper...
The AUD/USD pair went back and forth during the session on Wednesday, showing that the market is still quite confused. Nonetheless, we think that this market will continue to be bearish overall, and any rally will simply...
