Dollar strength is still persistent, as USD/CHF already broke above the falling trend line on its 1-hour time frame. This suggests that a new trend is about to form, but that price might pull back first before...
AUD/USD has finally broken below its recent range, with resistance at .9300 and support at .9050. The pair has dipped below the .900 handle but it could still make a retest of the former support before...
The USD/JPY pair went back and forth during the session on Wednesday, essentially hugging the 98 handle. That being the case, the markets look like they’re still trying to decide what to do with this pair, so...
The USD/CAD pair went back and forth during the session on Wednesday, essentially forming a relatively benign negative candle. In the end, you can see that we just got thrown around during the day and eventually didn’t...
The GBP/USD pair fell hard during the session on Wednesday, but as you can see bounced enough to form a nice looking hammer. Although this hammer isn’t right at the 1.5250 level, we feel that it’s close...
The EUR/USD pair went back and forth during the session on Wednesday, mainly in reaction to the Federal Reserve meeting minutes that were released at 2:30 PM New York time.
The AUD/USD pair fell during the session on Wednesday, breaking below the 0.90 handle. That being the case, it does look like the Australian dollar is without a doubt on the back foot at the moment.
GBP/USD retreated from its recent highs during yesterday’s trading, and this may have been a result of profit-taking ahead of today’s major US events.
The USD/JPY pair went back and forth during the session on Tuesday, essentially accomplishing nothing. The Federal Reserve and its announcement later today at 2:30 New York time will be important to the future this pair, as...
The USD/CAD pair had a positive showing during the Tuesday hours, breaking above the 1.03 level towards the end of the day. This looks like the market that’s trying to bounce, but quite frankly we think that...
