The USD/CAD currency pair fell rather strongly during the Thursday session as we broke the bottom of the shooting star from Wednesday. If you watched yesterday’s video, you know that we had suggested that a break down...
The GBP/USD pair rose during the session on Thursday, as the selloff has abated, and the 1.58 area is starting to show real strength. Because of this, we think that the analysis that we have been going...
The EUR/USD pair initially fell during the Thursday session, but found enough buyers to push the market back up and form a hammer. This hammer since just below the 1.36 level, and we believe that the Friday...
The AUD/USD pair went back and forth during the session on Thursday, finishing just above the 1.04 level again. It does look as we said yesterday that we are looking at consolidation going forward, and that this...
Economic news The euro surged to a near 14-month high against the dollar in early trading hours on Thursday, after the Fed announced its decision to keep the current interest rate of 0.25%; the bond-buying program, worth...
The US dollar took losses against several of its main currency rivals yesterday, amid concerns regarding the US economic recovery, highlighted by a worse than expected Advance GDP figure.
The USD/JPY pair rose during the session on Wednesday, but found the area above the 91 handle a bit too much for the buyers to hold onto. The resulting candle is somewhat of a shooting star, but...
The USD/CAD currency pair attempted to rally during the session on Wednesday, but ran into significant resistance at the 1.0050 level. It is because of this that we are starting to suspect that the breakout is a...
The EUR/USD pair shot through the 1.35 level finally on Wednesday. This is a significant breakout, in the fact that the market is closing so high suggests that we are just now starting to form the next...
The AUD/USD pair had a negative session during the trading day on Wednesday, retesting the 1.04 level. However, it should be noted that that level course did hold as support, and it looks like you’re trying to...
