Here are the Top Forex Developments for the trading week between 12/22/14 and 12/26/14: Number One: Canadian GDP Forex traders received a positive surprise on Tuesday out of Canada with the release of its Gross Domestic Product...
The USD/JPY pair did very little during the course of the session on Wednesday, as we continue to hang out above the 120 level. With that being the case, we feel it’s only a matter time before...
The USD/CAD pair broke higher during the session on Wednesday after initially falling. Because of this, we ended up forming a hammer and then of course is a positive sign. The ultimately though, we feel that this...
The GBP/USD pair broke higher during the course of the session on Wednesday, as we tried to bounce back into the previous consolidation area. Although we closed at the very top of the range for the session,...
The EUR/USD pair as you can see initially tried to rally during the course of the day on Wednesday, but as you can see turned back around in order to form a shooting star. Ultimately, this means...
The AUD/USD pair did almost nothing during the session on Wednesday, as we continue to hang about the 0.81 level. That being the case, if we can rally from here, we think that this market can bring...
The USD/JPY pair broke higher during the course of the session on Monday, testing the 120 handle. However, we need to break above there in order to start buying as it is of course a round number....
The USD/CAD pair initially fell during the course of the day on Monday, but as you can see we found support yet again at the 1.16 level. That being the case, we think that the US dollar...
The GBP/USD pair broke down during the session on Monday, testing the 1.5575 region. That being the case, it looks like we are trying to break down below support, and that the downward trend could continue. However,...
The EUR/USD pair tried to rally during the course of the session on Monday, but as you can see struggled to keep most of the gains. With that being the case, we believe that this market will...
