The EUR/USD pair fell hard during the session on Tuesday, as we had anticipated. We managed to break the bottom of the shooting star from the Friday session, which of course found 20 resistance of the 1.30...
The AUD/USD pair tried to rally above the 0.9650 level, but in the end failed miserably. The resulting candle was a shooting star, which of course is always a very sign. This shooting star sits right on...
The dollar climbed against most of its major currency counterparts in early Tuesday session on traders’ expectations for an improved Consumer Confidence and House Prices due for publishing today.
AUD/USD is once more sitting at a key inflection point, which has been an established support level on longer-term time frames. There is no report scheduled for release from Australia today, as this pair could be driven...
The USD/JPY pair fell slightly during the session on Monday, but bounced enough to form a neutral candle. The candle shows almost no range, so because of this we still look at the 101 handle as the...
The USD/CAD pair rose during the session on Monday, but it must be stated that the Memorial Day holiday was being celebrated in the United States, and since most of the trading in this marketplace takes place...
The GBP/USD pair fell slightly during the session on Monday, but considering that both the Americans and the British were off on holiday, this market will have been relatively illiquid. We are hanging around the 1.51 handle,...
The EUR/USD pair did almost nothing during the Monday session, which of course would’ve been much of a surprise considering that the Americans were celebrating Memorial Day.
The AUD/USD pair went back and forth during the session on Monday, eventually going nowhere. We are sitting on significant support, and as a result this market looks like it’s trying to form a little bit of...
After that strong rally that lasted for nearly a couple of months and more than a thousand pips, USD/JPY seems to be in the mood for a major correction.
