The USD/CAD pair rose during the session, but ended up almost unchanged by the end of Thursday. The pair is being moved around by the oil markets, and those commodity markets found a little bit of a...
The GBP/USD pair has fallen again during the Thursday session to test the support level at the 1.5650 level. The level was our “line in the sand” for the bulls, and the fact that we have touched...
Disappointing German data sent the euro to fresh lows against the USD during European trading yesterday. In a sign that even the euro-zone’s biggest economy was not immune from the region’s debt crisis, the German Flash Manufacturing...
The EUR/USD pair attempted to rally on Thursday but failed miserably. The 1.25 level brought out the buyers, but they simply weren’t enough to stop the move lower. At the end of the session, we had a...
The AUD/USD pair rose during the session on Thursday, but failed to make a strong statement. The resulting candle for the session is a shooting star at the bottom of this fall, and this is one of...
The Retail Sales in the UK were significantly worse than expected in April.
The EUR/USD fell as low as 1.2614 yesterday, a 21-month low, after investors grew increasingly concerned regarding Greece’s fate in the euro-zone and shifted their funds to safe-haven assets.
The EUR/USD pair had a rough session on Wednesday as the markets continue to punish the Europeans for dawdling when it comes to figuring out the financial health and soundness of the region.
The USD/JPY pair fell during most of the Wednesday session as the risk appetite around the world fell off of a cliff. Also, the Bank of Japan failed to add to their easing at the meeting for...
GBP/USD had a bearish session on Wednesday as the markets continue to worry about all things European. The risk appetite just wasn’t there for people to buy the cable, and as is so often the result, they...
