USD/CAD fell on Tuesday as the shooting star from the Monday session triggered technical selling. The area the pair is in has been very consolidative, and as long as that remains so, we see no real longer-term...
AUD/USD fell initially during the Tuesday session, but managed a comeback as the end of the day drew near. The resulting candle is a hammer, and it is currently pressing against the top of a bullish flag,...
USD/CHF fell again on Tuesday as the Dollar got sold off in American trading overall. The pair is just under the 0.90 level, and it should be said that the 6.18% Fibonacci level is in the area...
GBP/USD rose during the session on Tuesday as traders decided to take on a bit more risk. However, the pair is at the top of the recent consolidation, and as a result caution should be taken.
The USD/JPY essentially went nowhere during the session on Tuesday, but didn’t do so out of a lack of action. The pair had a reasonably decent range, but in the end finished pretty much unchanged.
EUR/USD rose during the session on Tuesday as the market continues to go between risk on and risk off. The LTRO results come out today, and the market expects to learn that the EU banks borrowed €500...
AUD/USD rose on Thursday as the bottom of the recent consolidation area held true. The 1.06 level looks very constructive at the moment, and the market simply couldn’t break down through it.
EUR/USD continued to rise on Thursday as traders continue to look at the bright side of all things European, even if the area has severe issues ahead of it for the next several years.
The GBP/USD pair rose on Thursday as the consolidation and general choppiness of the Forex markets continues. The back and forth action is solely based upon the next headline, and this pair is one of the biggest...
USD/CAD continued to dance around the parity level on Thursday as traders simply cannot move this pair one way or the other. The levels are too close to see breakouts in the near-term,
