USD/JPY had a reasonably bullish day on Wednesday as the bounce from the 79.50 level happened as predicted. The area looks as if it is the beginning of support in this pair, and the market is well...
GBP/USD had a negative day on Wednesday as the Pound in general was sold off. The pair currently sits just above the 1.5550 level, a place that we have identified as potential support. Of course, we need...
AUD/USD rose during the Wednesday session as risk appetite expanded ever so slightly. The bounce that has happened over the last 48 hours shouldn’t be much of a surprise as we pointed out the hammer that form...
The USD/CAD pair had an uneventful session on Wednesday as the markets continued to grind sideways. The oil markets were also fairly quiet, so this pair was always going nowhere at the end of the day.
EUR/USD fell during a large portion of the session on Tuesday, only to bounce back. This isn’t a big surprise, as the Euro seems to have the ability to bounce no matter what. However, the market seems...
The USD/JPY pair originally fell during the session on Tuesday, only to bounce back during the US session. The market ended up forming a hammer and the dose it just above the 79.50 level that has caused...
The GBP/USD pair found itself gaining during the session as the Pound showed strength around the board. The cable pair typically will move with risk appetite, but it may be gaining simply because it is the strongest...
The AUD/USD pair gained during most of the session on Tuesday as the parity level held as support. Yesterday we mentioned that this area could produce some type of reaction, and a quite obviously has.
The USD/CAD pair had a bearish session on Tuesday as the bottom of the shooting star was triggered, signaling selling in this market. However, the 1.02 level looks supportive and we believe that this market will more...
The EUR/USD pair fell for much of the session on Monday, but managed to find support at the 1.25 level. This caused the pair to print a hammer for the session, and this suggests that we are...
