The AUD/USD pair had a slight positive session on Thursday, bouncing off the 0.8850 level. However, this market is broken by all accounts, and therefore we believe that the downward channel that we see in the market...
The USD/JPY pair broke out to the outside during the session on Wednesday, after the FMOC announced that it was in fact going to go ahead and start tapering off of the bond buyback purchase program that...
The USD/CAD pair broke higher during the session on Wednesday at the FMOC went ahead and announced a slight taper from the bond buyback program. Because of this, it appears that this pair is ready to go...
The GBP/USD pair shot much higher during the session on Wednesday, breaking above the recent highs, but then pullback as the FMOC announced that they were in fact going to go ahead and start tapering the bond...
The EUR/USD pair initially try to rally during the session on Wednesday, but the 1.38 level offered far too much resistance again. The market really started the selloff though as the Federal Reserve announced that it was...
The AUD/USD pair fell during the session on Wednesday due to the FMOC announcing its bond buyback purchase program being shrank slightly. The Australian dollar continues to show weakness overall, and the fact that we broke down...
The USD/JPY pair fell during the session on Monday, testing the 102.50 level. This level has been supportive in the past, so we would not be surprised to see a little bit of a bounce from this...
The USD/CAD pair initially fell during the session on Tuesday, but as you can see bounced enough to break the 1.06 handle yet again, and form a bit of a hammer for the second day in a...
The GBP/USD pair did very little during the session in the end after going back and forth wildly on Tuesday. The candle is slightly negative, but not enough to get too excited about, and we have to...
The EUR/USD pair initially fell on Tuesday, but bounce informed the nice-looking hammer above the 1.3750 level. Because of this, we believe that this market is going to continue higher, but recognize the fact that the FMOC...
