The GBP/USD pair fell hard during the session on Thursday, but remained above the 1.60 handle in order to show signs of life still. We think that there will be support just below, and as a result...
The EUR/USD pair had an interesting session on Thursday as we poked above the 1.35 handle, but found ourselves coming back and forming a shooting star.
The AUD/USD pair fell during the session bouncing back down from the 0.95 handle. This area of course has been resistive in the past, and we did suggest that perhaps it would be again this time.
The USD/JPY pair fell hard during the session on Wednesday after the Federal Reserve announced that it was not going to taper off of quantitative easing. That being the case, this of course punish the US dollar...
The USD/CAD pair fell during the session on Wednesday, breaking below the 1.03 handle cleanly. This is predicated mainly upon the Federal Reserve tapering being put off, and with that being said the US dollar got absolutely...
The GBP/USD pair shot straight up during the session on Wednesday in reaction to the Federal Reserve and the announcement the tapering was not going to happen. Because of that, it’s the obvious that this market is...
The EUR/USD pair shot straight up during the session and broke above the 1.35 handle as the Federal Reserve announced that it was not going to taper off anytime soon. Because of this, you can expect US...
The AUD/USD pair rose during the session after the Federal Reserve announced that it was not going to start tapering off of quantitative easing. Because of this, it makes sense that the markets of course punish the...
The USD/JPY pair tried to rally during the session on Tuesday, but as you can see ran into serious trouble once the gap was filled from past sessions. The resulting candle is a shooting star in this...
USD/CAD fell during the session on Tuesday, but as you can see formed a little bit of a hammer and therefore really didn’t decide anything. With the Federal Reserve deciding on its tapering policy over the next...
