The GBP/USD pair fell during the session on Friday as the Americans released a better than anticipated jobs numbers. However, the 1.60 level still acts as support, and as a result we closed just above it.
The EUR/USD pair fell during the session on Friday after the nonfarm payroll numbers came out much stronger than anticipated. However, the gap from the middle of September that is centered on the 1.33 handle offered enough...
The AUD/USD pair fell on Friday as the Americans released a stronger than anticipated jobs number, which of course drove the value the US dollar up, and the value of gold down. Remember, the Australian dollar typically...
The USD/JPY pair went wild during the session on Thursday after the ECB announced that it was cutting rates. This of course threw the markets into complete disarray as it was complete surprise, and now putting more...
The USD/CAD pair rose again during the session on Thursday, continuing the consolidation that we have seen for some time no. Because of this, we feel that this market will continue to grind sideways until the nonfarm...
The GBP/USD pair fell during the session on Thursday, slamming into the 1.60 handle again, but bounced enough to form a nice looking hammer. Because of this, it does look like the Pound might get a little...
The EUR/USD pair fell during the session on Thursday as the European Central Bank cut rates unexpectedly. The market actually plunged all the way down to the 1.33 handle, where got a significant bounce and we have...
The AUD/USD pair fell during the session on Thursday, raking back down below the 0.95 handle. However, we did find support at 0.9450 level again, so therefore we feel that this market is simply consolidating.
The USD/JPY pair went back and forth during the session on Wednesday, but as you can see remains stuck just underneath the 99 handle. The Bank of Japan will continue to try and alleviate the pressure on...
The USD/CAD pair fell during the session on Wednesday, but remains above the 1.04 handle which of course is very supportive. That being the case, we feel that this market more than likely will bounce, and it...