AUD/USD rose during the session on Monday, albeit in a fairly weak fashion. The market is approaching the uptrend line from the ascending channel, and as such we think the support will start to step back into...
The USD/CAD pair did very little during the Monday session as we formed a decidedly neutral candle. The market is being supported just under the 0.99 level, and it looks like we are going to tread water...
The US dollar was able to mostly maintain its recent gains during a slow trading day yesterday. Investor confidence in the US economic recovery remained high following a series of positive American economic indicators released last week.
In the previous European trading session, the Euro declined versus the British pound as recent enthusiasm for the former waned, following comments from German Chancellor Angela Merkel supporting the statements of European Central Bank President Mario Draghi.
The US dollar hit a five week high against the Japanese yen on Friday, amid an increase in optimism in the US economic recovery highlighted by a better than expected US consumer confidence figure.
The EUR/USD pair fell during most of the session on Friday, but did manage to bounce in order to form a hammer. We are currently hugging the uptrend line of a rising wedge, and as such we...
The USD/JPY pair had another bullish session on Friday as the market plowed into the 79.50 level. We have recently broken out above consolidation and it appears that the market is dead set on running to the...
The GBP/USD pair fell during the Friday session as the 1.57-1.58 area continues to hold back the advances of the buyers. However, as you can see over time we have generally ground our way higher in this...
The AUD/USD pair had a very significant fall during the Friday session as the 1.05 level gave way. This was a strikingly strong move, but it should be mentioned that we are approaching the uptrend line of...
The USD/CAD pair rose during the Friday session as the 0.9850 level acted as support. The result of this was the printing of a hammer for the weekly candle, and it does look like we are going...
