The EUR/USD pair rose during the session on Friday, clearing the 1.30 level as resistance. This area should now form a little bit of support in this marketplace, and as such we would be interested in buying...
The AUD/USD pair had a strong showing for most of the session on Friday, but turned around and formed a shooting star. In fact, this was a very wicked shooting star that would have a lot of...
The meeting of the Eurogroup officials last week raised hopes that Spain would be asking for financial aid soon, giving rise to the incline of the Euro versus the Great British pound in the previous European trading...
EUR/NZD has started to rise after pulling back to the multi-month support line at 1.5580. This may mark the end of wave 4 and could be the start of the 5th wave, which could eventually retouch the...
The British pound advanced versus the Euro in the previous European trading exchanges on expectations that the Federal Reserve would announce a third round of quantitative easing to support the US economy.
After the Fed chairman, Mr,Bernanke announced buying MBS and other assets to boost the job market, the Dollar stumbled to the month’s lows to currently trade at 79.02. DX seems to be heading towards the historic support...
The USD/JPY pair fell precipitously during the session on Thursday as the Federal Reserve announced further quantitative easing going forward. The seemingly unlimited time frame that they are willing to participate in this action has certainly put...
The USD/CAD pair fell hard during the session on Thursday after the quantitative measures was announced by the Federal Reserve. Oil prices rose, and as such the Canadian dollar did as well. This pair fell obviously, and...
The GBP/USD pair rose during the session as the US dollar sold off in general. The Federal Reserve announced larger than expected and longer than expected quantitative easing measures during the Thursday session, and as such we...
The EUR/USD pair shot straight up during the session on Thursday as the Federal Reserve has expanded its monetary easing policy yet again. The pair closed at the top of the range for the session, and slammed...
