USD/JPY fell during the Friday session as the US jobs numbers came in rather anemic. Because of this, it appears that the Federal Reserve will be forced to embark on quantitative easing yet again, and this should...
GBP/USD rose during the Friday session as the jobs number in the United States disappointed. With the anemic growth in the month of August, it appears that the Federal Reserve will have to embark on more monetary...
The AUD/USD pair had a stellar day on Friday as the jobs report in the United States came out poorly. This signals that the Federal Reserve will more than likely be forced to embark on more quantitative...
The USD/CAD pair fell through the 0.98 handle on Friday as the jobs number in the United States came out weak. This should signal further monetary easing by the Federal Reserve, and as such the commodity currencies...
Cable has started to show signs of possible weakness. This morning it has started to fall after positing a shooting start on the 4-hour chart. Momentum is diverging widely with price on the daily supporting the bearish...
Eurodollar has moved up to the upper channel line and hit resistance. It has also finished an A-B-C formation and therefore it will probably fall from here, down to perhaps support at 1.2625, although there are no...
The USD/JPY pair spiked during the Thursday session as the “risk on” trade came into play. The 70.75 level has given way; we think that this pair could continue higher. In fact, overall we think that the...
The USD/CAD pair fell hard during the Thursday session and crashed into the support level at the 0.98 level. One thing you should know about this currency pair is that it is highly sensitive to the jobs...
The GBP/USD pair rose during the session after initially falling on Thursday in order to break above the highs from the previous session. This is a bullish turn of events, and it does look like we are...
The EUR/USD pair fell during most of the session on Thursday, but managed to bounce in order to form a bit of a hammer. We are currently sitting just below the 50% Fibonacci retracement from the fall...
