The GBP/USD pair fell on Thursday, and even managed to break below the 1.62 mark as traders sold off many risk-related assets around the world. The Pound has been a favorite of sellers lately, but now is...
The AUD/USD pair rose on Thursday, and continues to impress in its ability to rise in the face of a “risk-off” environment. The Aussie is now becoming a bit of a safe haven play, albeit moderately so,...
The USD/CAD pair fell on Wednesday, but managed to bounce in the later hours. Because of this, we formed a hammer on the daily chart, just below the 0.9800 handle. The trend is down, and oil looks...
The AUD/USD pair had a neutral day on Wednesday as traders fought back and forth on whether the pair should rise or fall. The pair looks like it is trying to decide if it can break into...
USD/CHF fell hard on Wednesday, after bumping up against a weekly trend line for a few days. The pair fell straight to 0.8000, and area that was once massive resistance. The bounce from there is good for...
The GBP/USD pair fell hard on Wednesday as traders sold the Pound. The pair is approaching the 1.62 level, and will face support in this area. The market must close below the 1.62 level in order to...
The USD/JPY pair fell on Wednesday, yet managed a nice bounce in the latter hours of the session. The candle for the day printed as a hammer, and just above the 76 level. The market is supported...
EUR/USD fell again on Wednesday as fears over European debt issues reared their head again. The market is fragile at this point, but to be honest – the choppiness has taken a lot of the clear cut...
The USD/CAD pair fell on Friday as traders reacted to the news that the Fed wasn’t necessarily going forward with anymore easing as the economy in the US didn’t need it. It also stated that the tools...
The AUD/USD pair rose on Friday as traders bought risk-related assets after the Bernanke speech at Jackson Hole. The lack of need for more QE in the US gave a lot of traders hope for more economic...
