USD/CAD rose on the session for Thursday as the oil markets were a bit soft, and the risk appetite in the general markets fell. The pair has recently been in massive consolidation, and the move on Thursday...
The GBP/USD pair had a positive day on the session for Thursday as the Pound continues to gain after the Bank of England has suggested that the economy will not require further easing.
The EUR/USD pair had an important day on Thursday as the Spanish auctioned off their two and ten year bonds to a reasonable amount of demand, albeit on higher rates than the last sale.
The AUD/USD pair fell on Thursday as the risk appetite around the world fell for the session. The candle for the day went as low as the 1.03 level, a level we see as minor support. The...
The USD/CAD pair had a bullish session on Wednesday as the oil markets fell for the day. The inventory number in the United States showed a larger build than expected, so oil fell in general. Because of...
The AUD/USD pair fell for the session on Wednesday as the “risk off” trade came back. The 200 day EMA is just above, and continues to push the market down at this point. The candlestick isn’t outside...
The GBP/USD pair rose again on Wednesday as the Bank of England suggested that easing wouldn’t be a consideration going forward. The British economy has been holding up well all things considered, and because of this, the...
The USD/JPY pair rose during the session on Wednesday as the market broke above the 81 handle. The recent bounce has been from just above the 50% Fibonacci level, which is just above the 80 handle itself.
The EUR/USD pair had a fairly wild session on Wednesday in order to eventually have a slightly negative day. The resulting candlestick formation looks a lot like a hammer, but it is far too stuck in traffic...
The USD/CAD pair fell rapidly on Tuesday as the Canadian dollar made massive gains for the session. The Bank of Canada came out with a semi-bullish monetary policy report for the month of January.
