GBP/USD rose after first falling on Monday. The 1.58 level acted yet again, this time as support. The pair does look fairly healthy, and the fact that the 1.58 is now acting as support instead of resistance...
The USD/JPY pair fell for most of the session on Monday, but bounced later in the trading day to form a nice hammer. The pair looks like it is still willing to go higher, and this latest...
The USD/CAD pair rose during the session as oil fell. The pair reacted in a Dollar positive manner as many of the other currencies pair did the same. The parity level continues to offer resistance, and the...
The AUD/USD pair fell during the Friday session as the risk assets around the world fell. The commodities markets fell, and this always tends to pull the Aussie down. The 1.08 level held true again, and it...
The USD/CHF pair shot straight up during the Friday session as the Dollar climbed against almost all currencies globally. The Spanish announced that they are going to miss expected debt levels, and this sent the Euro and...
GBP/USD fell hard during the session on Friday as the “risk off” trade came roaring back. The announcement that Spain was going to go well over the agreed upon deficits for the next fiscal year rocked the...
The USD/JPY pair rose yet again on Friday. The USD/JPY pair is a rapidly evolving one. The pair was being pressured to the downside for the longest time, but it looks as if the Bank of Japan...
The EUR/USD pair fell hard during the session on Friday as Spain announced it wasn’t going to meet the agreed upon budget measures that it signed with the EU. The worse than expected outcomes could be the...
AUD/USD rose during the session on Thursday to test the 1.08 level again. The move has recaptured much of the Wednesday losses, and looks to be a build of pressure on the resistance level.
EUR/USD fell slightly during the Thursday session, but just barely. The pair continues to hover between the 1.35 and 1.3250 levels, and the session on Thursday was a perfect example of indecision as it formed a doji....
