EUR/USD pair rose during the session on Monday, showing that the 1.30 area is going to continue to be massively stubborn. The support area continues to confound the sellers, and start a serious range of support all...
The AUD/USD pair had a strong showing on Monday, as the 1.02 level offered support yet again. It appears that we are trying to form a little bit of a base at this point in time, and...
USD: Bullish The U.S. dollar enjoyed a nice strong rally after the NFP figure came in higher than expected. The U.S. economy was able to add 236K jobs in February, higher than the estimated 162K increase.
Last Friday’s NFP release, which came in stronger than expected, pushed EUR/USD back to the 1.3000 major psychological level. This support zone seems to be holding at the moment as stochastic reached the oversold region and started...
The USD/JPY pair broke above the 95 handle during the session on Friday, after the United States announced that it had added 265,000 jobs in the month of February. This is a typical “risk on” type of...
The USD/CAD pair fell during the session on Friday, but as you can see bounced in order to form a hammer. This hammer is essentially revolving around the 1.03 level, and does look supportive. However, we need...
The GBP/USD pair broke through the 1.50 support level during the session on Friday, showing a new leg lower in this marketplace. This was predicated mainly upon the Americans announcing that they added 265,000 jobs during the...
The EUR/USD pair fell during the session on Friday as the nonfarm payroll numbers in America came out as adding 265,000 jobs in the month of February. The pair features a Euro that is struggling overall, and...
The AUD/USD pair fell during the session on Friday, but found the 1.02 level as supportive. This area is vital for the strength of the Australian dollar to continue over the long run. The 1.02 level is...
USD: Bullish The U.S. dollar lost ground to the euro and the pound during yesterday’s trading as both European currencies staged relief rallies when their respective central banks decided to make no changes to current monetary policies.
