The GBP/USD pair rose during the session on Wednesday as the rally continued. The 1.61 level offered resistance though, and we have formed a bit of a shooting star. We don’t think that any fall from this...
AUD/USD rose during the session to test the 1.05 handle, but failed in the end. By the end of the day, we saw a shooting star form, and it does look rather suspicious at this particular point...
The USD/CAD pair rose during the Wednesday session in order to form a complete turnaround of the selloff on Tuesday. Nonetheless, we are still under the 0.98 handle, and until we break well above that we still...
The EUR/USD pair rose during the session on Tuesday as the Euro did well overall. We have broken through the last vestiges of support at 1.28, and see a wide open market all the way to the...
The GBP/USD pair shot straight up after the hammer top on Monday was broken during the Tuesday session. 1.60 level has held a support, and it does look like we’re going to continue on to our target...
The USD/JPY pair fell precipitously during the session on Tuesday, breaking through the 78 handle finally. This has been an area that has acted is massive support in this currency pair, and there has been speculation that...
The AUD/USD pair shot straight up during the session on Tuesday as the world continues to look forward to more quantitative easing on Thursday out of the Federal Reserve.
The USD/CAD pair fell during the session on Tuesday as the US dollar looks set to be debased again by the Federal Reserve. With further quantitative easing seemingly coming on Thursday, this should increase the demand for...
The EUR/USD pair fell during the Monday session, as the 61.8% Fibonacci retracement level offered resistance. This happened to be just at the 1.28 handle, so the two combined were probably a bit strong for the buyers...
The USD/JPY pair had a very quiet session on Monday as the world awaits the High Court decision out of Germany, the result of the Federal Reserve meeting, and the Dutch election results.
