The GBP/USD pair surge during the Friday session as the “risk on” trade came back into play. The US dollar was beat up pretty much around the world, and as such certain pairs really accelerated to the...
The AUD/USD pair rose during the Friday session, as risk appetite increased during the Friday session. The pair has been struggling lately, but this previous week’s bearishness has been all recovered due to the Friday move.
The USD/CAD pair fell hard on the Friday session, as the risk appetite improved around the world. However, we are sitting just at the support level, and as such we think that a move further might be...
The USD/JPY pair fell during the Thursday session as the tone was pretty soft for risk-based assets around the world. As this pair will follow the risk appetite in general, it’s not a surprise that it fell.
The USD/CAD pair had a fairly volatile session on Thursday as it initially rose, only to fall back and form a shooting star. The pair is sitting on top of support at the 1.0150 level, and as...
The GBP/USD pair fell during most of the Thursday session in order to break down below recent support. The 1.55 level has been taken out at this point, and it does suggest to us that this pair...
EUR/USD fell during the Thursday session as the rout of the Euro continued. The 1.2200 level has offered a bit of support, and as such we did see a bit of a hammer formed for the Thursday...
AUD/USD fell during the session on Thursday, and in fact underperformed its cousin the Kiwi dollar. This suggests that perhaps any “risk off” trades in the currency markets should favor selling the Australian dollar over the Kiwi...
The EUR/USD pair fell during the session on Wednesday, but did manage to bounce back and form a relatively neutral candle. The beauty of the candle though is that it sets up a relatively straightforward trade.
The USD/JPY pair initially fell during the Wednesday session, but got a boost after the Federal Reserve minutes revealed that there were no serious discussions about quantitative easing. As this could be the case, it makes sense...
