The USD/JPY pair attempted to rally during the session on Thursday, but met significant resistance at the 82.50 level. In fact, the resulting failure formed a shooting star at the end of the day, in this now...
The USD/CAD pair rose slightly during the Thursday session as Americans took the day off for Thanksgiving. Typically this market will move most in the North American session, and as such we ended up having a very...
The GBP/USD pair fell during the session on Thursday as the market would have only been liquid for two of the three sessions. The Americans had Thanksgiving holiday in mind, so of course the liquidity during that...
The EUR/USD pair rose slightly during the Thursday session as the market looks ready to reenter the consolidation area between 1.28 and 1.3150 over the next couple of weeks.
The AUD/USD currency pair fell during the session originally, but found support as we formed yet another hammer just below the 1.04 level. This market looks like it’s trying to grind higher, and as such we are...
Investors initially sold the Euro after the European finance ministers failed to reach an agreement over a Greek program to trim down Greece’s debt.
The euro was able to stage an upward correction against several of its main currency rivals yesterday, as hopes that a deal would soon be reached to provide Greece with a new round of bailout funds.
The Greenback traded mixed against the four FX majors, wherein it has depreciated against the Euro, the Swiss Franc and the GBP whereas the Yen continued to depreciate against the USD.
The USD/JPY pair shot straight up during the session on Wednesday as we Yen continues to weaken across the board. This pair looks like it’s heading directly to the 84 handle, and the move has been significant...
USD/CAD fell during the session on Wednesday after initially gaining. The market did very little in the end though, and this makes sense as most traders in North America are more interested in the Thanksgiving holiday than...
