The USD/JPY pair had a fairly wild day on Wednesday as it initially broke above the 79 handle, only to be turned around and slammed back down to the 78.30 area. We still maintain that the Bank...
The GBP/USD pair fell during the session on Wednesday, only to turn around and bounce in order to form a hammer. It looks like the 1.62 level wants to be support now, and with the recent rise...
The AUD/USD pair fell initially during the Wednesday session, but bounced higher in order to form a hammer for the second day in a row. This is a very strong signal, and the fact that informed just...
The USD/CAD pair had a fairly quiet session during the Wednesday trading day, especially when you consider the fact that the oil markets were rocking to the downside. The promises of Saudi oil ministers to produce more...
The Dollar Index is trading firm at 79.38 after finding support at 78.70 ranges; further fall is expected only on the Dollar Index consistently trading below 78.00 ranges. Though the major trend is bearish, the USD seems...
Market review for 18.09.12: The started yesterday the two-day meeting of BOJ in the focus of market participants.
In the previous European trading session, the Euro lost against the British pound as pressure is piling up on Spain to request for a sovereign bailout and trigger the new bond-purchasing program of the European Central Bank...
The EUR/USD pair fell during the session on Tuesday as the Euro lost a little bit of its luster in the eyes of investors around the world. The 1.30 level looks like it could provide support though,...
The USD/JPY pair rose during the session on Tuesday as the market continues to press him on the 79 handle. We think that a break above the 79 handle would lead us to the 80 handle relatively...
GBP/USD had a fairly quiet session on Tuesday as the market seems a bit “toppy” here. Looking at this recent rally is obvious that the market is overextended. We actually preferred to see a pullback to the...
