The GBP/USD pair fell for much of the Thursday session as the Bank of England introduced new quantitative easing measures during the session. The pair has found the bottom of the recent consolidation range, which we see...
The EUR/USD pair fell on Thursday as the European Central Bank eased its monetary policy by cutting the interest rate by 25 basis points. The candle for the Thursday session is extremely bearish, as it closed towards...
The AUD/USD pair had a positive session on Thursday, but did pare back some of the gains as it breached the 1.03 level. The fact is that in front of the nonfarm payroll Friday, very few traders...
The EUR/USD pair fell during the Wednesday session as the European traders sold off their own currency. Without the Americans there to try and reverse it, this stood through the quiet and holiday impaired US trading session.
The USD/JPY pair initially fell during the Wednesday session as the Europeans sold off risk assets in general. However, towards the end of the session the pair did rebound to form a hammer.
The GBP/USD pair fell during the session on Wednesday as European sold off risk assets in general. The British pound suffered against most currencies, and obviously the Dollar was never going to be any different.
The AUD/USD pair fell during the session after initially surging higher. The reversal of this action formed a shooting star, which is a bearish sign.
The USD/CAD pair rose slightly during the Wednesday session in very light volume. One of the contributing factors would’ve undoubtedly been the fact that the oil markets were so quiet as well.
The EUR/USD pair had very little to say during the Tuesday session as the world awaits the ECB meeting. In the meantime, this pair will probably grind sideways overall, suggesting that trading will be an extremely short...
The USD/JPY pair had another positive session as it has been alternating between gains and losses day after day. The 80 handle is still just above, and should provide resistance. However, we do see that the highs...
