The EUR/USD pair initially rose during the Friday session, but fell once we get close to the 1.30 handle. The resulting move have the market falling down towards the 1.2850 level, and the candle does in fact...
The AUD/USD pair fell during the session on Friday in order to retest the hammer from the Wednesday trading session. The 1.03 level below seem to be supportive, and as such we think that there is a...
On Friday, 28-09-12, the US Dollar traded weak for most of the European session; but appreciated during the American session on the event of profit taking witnessed on most of the asset classes, especially the bench mark...
In the previous European trading session, the Euro lost versus the US dollar, despite the seemingly positive result of the Spanish bank stress test, as markets remain doubtful whether Spain would ask for a bailout or not....
The New Zealand dollar is presumed to continue losing ground opposite the US dollar as investors pare back risk on further signs of a slowing global economy. Last Friday, concerns about Spain and the US economy dampened...
If we can use the Canadian Dollar futures markets as a barometer, speculators have become quite bullish on the loonie. In our recent quarterly review of the volume changes in currency trading, we noted the remaining open...
How many times do we get end of the quarter moves in markets simply because it is the end of an accounting period? A money manager who is paid a performance bonus computed at the end of...
USDCAD is in consolidation of the downtrend from 1.0445. Range trading between 0.9632 and 0.9900 would likely be seen in a couple of weeks. Resistance is at 0.9900, as long as this level holds, we’d expect downtrend...
USDCHF remains in downtrend from 0.9971, the rise from 0.9239 is treated as consolidation of the downtrend. Range trading between 0.9239 and 0.9500 would likely be seen over the next several days. Resistance is at 0.9500, as...
USDJPY stays below a downward trend line on daily chart, and remains in downtrend from 84.17, and the price action from 77.66 is treated as consolidation of the downtrend, further decline towards 76.00 is still possible after...
