The USD/JPY pair rose during the session on Wednesday, after the Federal Reserve released the minutes from the last meeting that suggested that perhaps some of the board members are behind Ben Bernanke he and his tapering...
The USD/CAD pair rose during the session on Wednesday, as we have now cleared the 1.0450 level in order to start buying. The buy signal at this point in time is a simple break of the highs...
The GBP/USD pair tried to rally during the session on Wednesday, but as you can see failed and formed a shooting star. This of course is a very negative sign, and the fact that the shooting star...
The EUR/USD pair fell during the session on Wednesday, as the US dollar gained a little bit of a boost from the minutes that were released out of the Federal Reserve from the last meeting.
The AUD/USD pair fell during the session on Wednesday as you can see, but more importantly found the 0.90 level supportive enough in order to form a hammer. This candle suggests that we are going to bounce...
The latest Fed minutes have been released and there have been no new hints on tapering. Investors are increasingly nervous and impatient after Bernanke mentioned the much dreaded ‘t-word’; tapering. Currently the U.S. wastes $85 Billion per...
The USD/JPY pair fell during the session on Tuesday, but as you can see really didn’t go too far. We think that this market is essentially in a bit of a malaise at the moment, and probably...
The USD/CAD pair rose during the session on Tuesday, slamming into the 1.04 handle. While this is a significant resistance area, we do not feel that this market has completely broken out until we get above the...
The GBP/USD pair went higher during the session on Tuesday, breaking the top of the shooting star from the Monday trading hours. However, we think that this market is going to run into trouble the closer we...
The EUR/USD pair finally broke above the 1.34 handle during the session on Tuesday, and as a result it looks like the Euro is going to in fact beat up on the US dollar.
