The GBP/USD pair did very little during the session on Friday, as you can see essentially sitting still. Because of this we think that the market is simply trying to catch its breath after the big breakout.
The EUR/USD pair did very little during the session on Friday, but what’s interesting is that we formed a neutral candle just underneath the 1.34 handle. Remember, we have been talking about how 1.34 is significant in...
The AUD/USD pair rose during the session on Friday, but as you can see could not breakout above the resistance. In fact, we see the 0.93 handle as crucial for the buyers to get past in order...
The USD/JPY pair tried to rally during the session on Thursday, but as you can see the market fell apart and the pair ended up below the 98 handle. That being the case, we have a big...
The USD/CAD pair tried to rally during the session on Thursday, but failed to hang onto gains as the markets pummeled the Dollar. The worse than expected US economic numbers shocked the markets, and as a result...
The GBP/USD pair rose during the session on Thursday, breaking above the 1.55 handle again. That being said, looks like were heading towards the 1.5750 level, and as a result we can expect this market to continue...
The EUR/USD pair fell at first on Thursday, but bounced hard in order to form a massive green candle. The 1.34 level above is the resistance area we need to close above in order to start buying,...
The AUD/USD pair went back and forth during the session on Thursday as the markets tried to dissect the worse than expected US economic numbers. The Dollar was beat up on throughout the session, and this pair...
USD The US dollar had a rough day in the markets as it scored a few gains only to lose it all at the end of the NY session.
The pound has been gaining steadily against the dollar in the past few trading days, as strong data from the UK and doubts on the Fed’s September taper plan have combined to push GBP/USD past key resistance...
