The AUD/USD pair fell during the session on Wednesday, but found enough support at the 1.04 level in order to bounce and produce a hammer for the session. This suggests to us that we are going to...
The USD/JPY pair rose during the session on Tuesday as the 94 handle offered support. We still see this market has been one that you would only buy, and the move for the day while somewhat calm,...
The USD/CAD pair fell rather significantly during the session on Tuesday, as the 1.02 level got broken down by the sellers. This coincided with a strong loyal market, so of course the move makes sense. However, much...
The GBP/USD pair fell during the session on Tuesday as the Pound considered to whiter. This pair is certainly one that has been pounded over the last several weeks, and as a result we haven’t been buying...
The EUR/USD pair went nowhere during the session on Tuesday as we continue to bump along the bottom. The 1.2850 level is significant support as far as we can tell, and as a result we are not...
The AUD/USD pair had a positive showing on Tuesday as the commodity markets did quite well. The Australian dollar tends to correlate quite heavily with the gold markets, and today was simply a “catch-up session” as we...
Economic news (26 March 2013) – The Australian dollar climbed to almost a two-month high against its US counterpart during yesterday’s trading, following the eagerly-anticipated Cyprus bailout deal. The Aussie managed to keep the gains accumulated last...
GBP/USD’s recent rallies might be cut short this week as the pair is currently testing the former support zone around 1.5200 to 1.5250. This level has been broken in February when the BOE reiterated their willingness to...
The USD/JPY pair fell during the session on Monday, as the 95 level continued to offer resistance. In fact, we the market even fell below the 94 handle, but bounced back over that level by the end...
The USD/CAD pair fell during most of the session on Monday as the oil markets perked up slightly. However, by the end of the trading day most major oil markets gave back roughly half of the gains,...
