The USD/CAD pair attempted to rally on Monday, but fell short of anything that would impress us enough to get involved. The Friday shooting star suggested a continuation to the downside, and it does look like any...
Commitment of Traderes (COT) Data 07 August 2012. Speculators continued to be sellers of the USD during the latest reporting period.
Market review for 6 – 10.08.2012
The euro saw losses across the board on Friday, as inaction on the part of the European Central Bank (ECB) to lower borrowing costs in Spain and Italy resulted in risk aversion in the marketplace.
EUR/USD fell during the session on Friday again, but did get a bounce towards the end of the day to form a hammer. This hammer is sitting just below the 1.23 level, and on top of what...
The USD/JPY pair fell during the Friday session to keep within the recent consolidative area as the markets go back and forth. It is a well-known fact that the Bank of Japan has clandestinely intervened in this...
GBP/USD has been an interesting currency pair as of late, and Friday was no different. We saw a high during the session of 1.57 exactly, and it shows that we are banging against the door yet again....
The AUD/USD pair fell for much of the session on Friday only to bounce back off of the 1.05 level and form a hammer. This shows continued resilience on the part of the Australian dollar, and as...
USD/CAD and try to rally during the Friday session, but was slapped back down to form a massive shooting star to sit just above the 0.99 level. This shows extreme bearishness, and just how negative the view...
Market review for 09.08.12: The Australian dollar strengthened amid results of the Employment change report.
