The GBP/USD pair fell hard during the session on Monday, slamming into the 1.63 support level. This is an area that’s acted rather supportive of the last couple of months, so with that being the case we...
The EUR/USD pair found the 1.35 level supportive in order to bounce during the session on Monday, but really didn’t go anywhere as far as the range is concerned. Yes, we did see the support that we...
The AUD/USD pair try to rally during the session on Monday, finding the 0.88 level far too resistive though. The shooting started formed for the session of course suggests that the Australian dollar will continue to weaken...
The bottom of USD/CHF’s channel held last week, as risk aversion was still present in the trading markets. The pair is currently moving towards the middle of the channel, which might act as medium-term resistance. Take note...
The USD/JPY pair fell during the bulk of the session on Friday, testing the 102 level for support. This area of course did hold up, so it appears we may grind sideways for the short-term. The weekly...
The USD/CAD pair went back and forth during the session on Friday, ultimately printing a slightly negative candle. This just shows how much indecision there was in the market during this Friday session, but we still believe...
The GBP/USD pair fell during the session on Friday, breaking down below the 1.6450 level. However, there is still plenty of support all the way down to the 1.63 handle, so we are not selling. Quite frankly,...
The EUR/USD pair fell during the session on Friday, breaking below the 1.35 handle. This was an area that we had suspected would be significant support, but the fact that we are just 15 pips below it...
The AUD/USD pair fell during the session on Friday, but found enough support at the 0.87 level to turn around and form a hammer. Nonetheless, we believe that this market is still inherently weak, and as a...
Bernanke chaired his last FOMC meeting and he is out of the door. Some applaud his tenure, others detest his leadership and most do not care. The fact is that the next decade will determine the true...
