The USD/CAD pair rose during the session on Wednesday as we entered the resistance zone going all the way to 0.9950 or so. This cluster should continue to keep the bit of a lid on this currency...
The GBP/USD pair fell during the session after initially trying to rally on Wednesday, as we start to head back down towards the 1.60 level. However, the 1.60 level looks to be very supportive, and we do...
The EUR/USD pair attempted to rally during the session on Wednesday as the Euro continues get a bit of a reprieve. However, the 1.30 level looks to be a bit too restrictive for this currency, and as...
The AUD/USD pair fell hard during the session on Wednesday as the commodity markets in general have taken a beating. It should also be noted that the Reserve Bank of Australia looks likely to continue to cut...
The USD/JPY pair rose during the session on Tuesday as the 78 handle gave way. This suggests to us that we may see a move up to the 79 handle, but the length of the candle wasn’t...
The USD/CAD currency pair rose during the session on Tuesday as the 0.98 handle again acted supportive. We still believe that this pair will tread water between the 0.98 and 0.9850 levels, and as such we are...
The GBP/USD rose during the session on Tuesday, but gave back all of those gains in order to form a shooting star. This is the second shooting star in a row, and this of course suggests to...
The EUR/USD pair rose during the session on Tuesday, but gave back much of the gains in order to form a shooting star. We remain firmly under the 1.30 level, and this should signal that a real...
The AUD/USD pair fell significantly during the trading session on Tuesday as the Reserve Bank of Australia cut rates in the middle of the night. While the general thought was that the RBA would have to cut...
The USD/JPY pair rose during the Friday session as we slammed back into the 78 handle. However, that level continues to be resistive and the market could not hold that price. Nonetheless, we think that this market...
