The GBP/USD pair fell during the session again on Wednesday as the bearish pressure continues. However, the 1.60 level has offered support yet again and although we pierced it, we could not sustain that move.
The EUR/USD pair fell for much of the session on Wednesday, but as you can see towards the end of the day we got a bit of a bounce in order to form a hammer. With even...
The AUD/USD pair was fairly volatile during the Wednesday session as we continue to bounce around just above the 1.05 level. However, the markets essentially finish the day unchanged, and all things considered it was a bit...
The skirmish between the commodity dollars today is set to direct the Canadian dollar above its Australian counterpart after the Land Down Under posted an unexpected decline in retail sales performance.
The euro took losses against several of its main currency rivals yesterday, following the release of worse than expected EU retail sales and German factory orders data. The news also led to bearish movement for other riskier...
The USD/JPY pair attempted to rally during the session on Tuesday, but fell flat as we ended the day negative. The candle that formed was a shooting star, and as a result it looks as if the...
USD/CAD went back and forth during the Tuesday session as we continue to tread water in the vicinity of 0.9850 or so. This pair has been rather choppy lately, and as a result it has been very...
The GBP/USD pair fell during the session on Tuesday, but still remains above the vital 1.60 support level. Because of this, we think this pair still has a strong chance of going higher, and we are not...
The EUR/USD pair fell during the session on Tuesday, as we approach the 1.3150 resistance area. However, we did get a little bit of a bounce towards the end of the day and some of the losses...
The AUD/USD pair fell during the session on Tuesday as the 1.05 level proved a bit too rich at first. However, this level has offered support for the buyers, and we now are over it.