The GBP/USD pair slammed directly into the 1.57 resistance area during the session on Thursday, and one of the most exaggerated moves we’ve seen in a while. With the head of the European central bank stating on...
EUR/USD rally during the session on Thursday after the head of the European Central Bank, Mario Draghi suggested that he was ready to do “whatever it takes” to keep the Euro viable. The truly interesting thing about...
The AUD/USD pair shot straight up during the Thursday session as the head of the ECB suggested they were willing to do anything to keep the Euro afloat. This suggests that the central bank will further ease,...
EUR/USD rose during the Wednesday session as the gap has now been filled from the weekend. The Euro continues to have major issues, but there were comments from various higher ups in the ECB over the last...
The USD/JPY pair ended the day unchanged on Wednesday as the pair bumped along the 78 support zone. The 78 handle those represent significant support in this pair, so selling here certainly is not an option.
The GBP/USD pair ended the session unchanged on Wednesday, as the 1.55 level remains and focus. This area was once a massive support in the consolidation area, and as such we feel that the market will continue...
The AUD/USD pair rose during the session on Wednesday after initially breaking through the uptrend line of the rising channel that we have been following. The breakdown through that support level was false in fact and as...
The USD/CAD pair fell significantly during the Wednesday session as oil prices got a bit of a boost at the $88 level. We find this pair sitting right at the 1.0150 level, which was an area of...
The EUR/USD pair fell during the session on Tuesday as the problems in Europe continue. Spanish and Italian bonds continue to spiking yield, and this of course has money running from the European Union. Because of this,...
The USD/JPY pair fell during the session on Tuesday as more European worries had participants running towards safety. The pair is approaching the 78 handle, and as such we expect supportive action in the immediate vicinity.
