Thanks to its recent rallies for the first few trading sessions this week, EUR/USD was able to pull up to the former support level around the 1.2850 minor psychological handle. This is closely in line with the...
Economic news (2 April 2013)-The Australian dollar rose against most of its major counterparts, including the greenback, after the Reserve Bank of Australia left the cash rate unchanged at 3% on Tuesday, as was widely expected by...
USD/JPY sold off for the past couple of weeks and is now testing the former resistance at the 94.00 major psychological level. The pair seems to be finding support around this area, which is also in line...
The USD/JPY pair did almost nothing during Friday as the liquidity would’ve been low due to be Good Friday holiday. However, we are sitting just above the 94 handle, an area that we consider to be significant...
The USD/CAD pair had a slightly positive session during the low liquidity Friday trading hours, but remains underneath the 1.02 level. However, we ultimately believe that this pair needs to pull back to the 1.01 handle, and...
The GBP/USD pair had a very quiet session on Friday, as it was holiday trading. However, you can see that just above current levels we have a significant resistance level that is trying to be broken out...
The EUR/USD pair did very little during the low-volume holiday on Friday, but recent action shows that this pair is without a doubt bearish and its momentum. However, the 1.2750 level has offered enough support to cause...
The AUD/USD pair attempted to rally during the Friday session, but even in the low liquidity could not do so. The candle formed for the session is a shooting star, but it sits just above a massive...
USD Most banks are on a holiday today, paving the way for quiet trading conditions. Take note though that it’s the last trading day for the month and the quarter, which could also set the stage for...
The pair is once more testing the 1.5200 major psychological resistance for today. The level has held earlier this week as price dipped back to the 1.5100 major psychological support afterwards.
