The AUD/USD pair formed a gap at the open this week as rumors of a European bank bailout fund started to make their way around the trading desks globally. However, 24 hours later there have been no...
The USD/CAD pair had a bearish session on Monday as the thin volume provided an opportunity for the sellers to take the ball for a day. The pair has been extremely bullish lately, and the move impressive.
The EUR/USD fell to an almost two-year low on Friday, as concerns regarding Spanish debt sent investors to safe-haven assets. The currency pair dropped to 1.2495 during mid-day trading before staging a slight recovery to close out...
The USD/JPY pair did absolutely nothing during the Friday session as the markets had low volume. The pair is currently sitting right at the 200 day exponential moving average, and as a result seems fairly balanced at...
The USD/CAD pair has been on a massive bull run as of late, and the Friday session will have done little to change that perception. The 1.03 level was breached during the session, and although the market...
GBP/USD has been beaten up pretty badly over the last several sessions, and the Friday markets did little to raise hopes for the bulls. Granted, the session was essentially unchanged, but with the recent fall, many would...
The EUR/USD pair continued to show weakness on Friday as the sellers have this pair firmly under control. The resulting shape of the candle is the second shooting star in an a row at these low levels,...
The AUD/USD pair had a volatile session on Friday only to end up unchanged at the end of the session. The 0.97 level looms large as support below, and this has kept the sellers at bay so...
The UK’s GDP decreased in the 1st quarter of 2012.
The USD/JPY pair had a slightly bullish session on Thursday as we had suspected consolidation to be the next move. So far, this is coming true. However, we still feel that the real risks could be to...