The USD/CHF pair finally managed to break above the 0.80 level on Friday, and is closing about 70 pips above that line. This area has been very resistive over the last several sessions, and represents a serious...
The GBP/USD pair fell again on Friday, but managed a reversal in the middle of the session after the Federal Reserve Chairman said in his speech that the US didn’t need more QE, and this started a...
USD/JPY fell hard during the Friday session as traders piled into the Yen. The USD in general fell in value around the world as Bernanke stated in his Jackson Hole press conference that the US economy didn’t...
The EUR/USD pair closed the day on Friday knocking on the door of the 1.45 resistance level, and as such – looks very bullish at the moment. However, this level has repelled the bulls several times, and...
AUD/USD fell after first rising on Thursday. The pair failed to stay above the 1.05 level again, and it appears that the path of least resistance is down at this point. However, with the Jackson Hole announcement...
The EUR/USD pair fell slightly on Thursday as traders sold off risk in the global stock markets. The Europeans adding more short selling bans in their stock markets show exactly how desperate the situation is becoming in...
The GBP/USD pair fell on Thursday, continuing a move that started on Wednesday. The pair looks extraordinarily weak, as it keeps falling. The 1.6250 area should serve as some kind of minor support, but this latest move...
The USD/CAD pair fell, and then found support at the 0.9800 level on Thursday. The pair is bearish overall, but over the course of the last couple of weeks has found a bid. The oil markets and...
The USD/CHF pair fell slightly during the Thursday session as the 0.8000 level continues to be massively resistive. The Swiss National Bank is below, and willing to support this pair by weakening their own currency.
The USD/JPY pair finally closed above the 77 level on Thursday, as traders are starting to shed the Yen. The US Treasury yields have been rising as of late and this pair is starting to show money...
