The GBP/USD pair attempted to rally on the Tuesday session, but failed at the end of the day to make the gains stick. The candle that was printed for the session formed a shooting star, and this...
The AUD/USD pair initially tried to break above the 1.03 level on Tuesday, but failed miserably and close down towards the lows of the session. As the day ended, we formed a shooting star at the bottom...
The USD/CAD pair fell during the session on Tuesday, but formed a hammer as some of the losses recouped. We are currently sitting above a massive support zone from the 0.98 to 0.9850 level, and as such...
The EUR/USD pair rose slightly during the Monday session as the volume simply wasn’t there. The Labor Day holiday in the United States Volumes to a minimum, and as such the day could almost be written off....
The USD/JPY pair had a fairly quiet session during the Labor Day holiday in the United States on Monday. The pair currently sits within the band of support that we have been paying attention to between 78...
The GBP/USD pair had another bullish session on Monday as traders continue to push the value of the British pound higher. This is a simple yield differential play at this point in time, as the Bank of...
The AUD/USD pair fell during the session on Monday, but did bounce in order to get back some of its losses. The candle for the day formed a pseudo-hammer, and is based around the 1.0250 level. There...
The USD/CAD pair fell slightly during a light volume holiday session on Monday. While the Europeans were trading for the session, the Americans were away for the Labor Day holiday.
The EUR/USD pair had a very eventful Friday session as the Federal Reserve Chairman Ben Bernanke gave a speech at Jackson Hole, Wyoming that addressed the possibility of further quantitative easing.
The USD/JPY pair fell during the session on Friday, but bounced about 20 pips in order to form a hammer shaped candle. We are still within the supportive zone from 78 to the 78.75 level, and as...
