The GBP/USD pair fell drastically during the session on Wednesday, making a move well below the 1.5250 handle. Because of this, it certainly looks like we are going to reach for the 1.50 handle that we have...
The EUR/USD pair initially trying to rally during the Wednesday session, but sold off rather drastically as the markets developed a “risk off” attitude around the world.
The AUD/USD pair fell hard during the session on Wednesday as commodities got hit across the board. The Federal Reserve released its minutes from the last month during the session on Wednesday, and as a result people...
The euro falls back as the trading session on Wednesday progresses, reversing its increase from the early hours and loosing some of its initial gains. At the time of writing, the single currency was trading at 1.3389,...
USD: Bullish The U.S. dollar could be in for a bit of consolidation against its major currency counterparts until the big reports are released during the New York session.
NZD/USD’s uptrend is still intact as the rising channel on the 4-hour chart seems to be holding. The pair just tested the top of the channel last week when New Zealand released stronger than expected quarterly retail...
The USD/JPY pair had a very quiet session on Tuesday as the market essentially hovered around the 93.50 level. This market looks like it’s trying to go sideways for the short term, possibly even with a downward...
The USD/CAD pair managed to break above the 1.01 level again for the session on Tuesday, and even managed to break above the highest from the Monday session.
The GBP/USD pair fell after initially trying to rally to get above the 1.55 handle on Tuesday. However, this failure led to a lower low, as we broke the bottom of the neutral candle from Monday.
The EUR/USD pair rose during the session on Tuesday as the 1.3350 level has acted as support. This market does look like it wants to consolidate between the 1.33 level and the 1.350 area, and as a...
