The Loonie has been edging lower against the U.S. dollar gradually, as the pair has formed a shallow rising channel on its 1-hour time frame. The pair is currently testing the top of the channel, with stochastic...
The USD/JPY pair initially fell during the session on Friday, but you can see that the 100 level offered enough support in order to push the market higher. We eventually closed above the 101 handle, based mainly...
The USD/CAD pair rallied during the session on Friday, as the nonfarm payroll numbers in the United States came out much stronger than anticipated.
The GBP/USD pair fell hard during the session on Friday, collapsing as the nonfarm payroll numbers came out much stronger than anticipated.
The EUR/USD pair fell during the session on Friday, as one would expect since the nonfarm payroll number was much better than anticipated. The Americans added 195,000 jobs in the month of June, and as a result...
The AUD/USD pair fell during the session on Friday, as the Australian dollar continues to get pummeled. This would have been exacerbated by the fact that the nonfarm payroll number came out much stronger than anticipated, causing...
The NZD/USD range on its 1-hour time frame is still intact, as the pair just made a test of resistance this time around.
The USD/JPY pair fell during the session on Thursday, but bounced enough to form a hammer at the 100 level. This market continues to be one of our favorite, as there is so much action involving the...
The USD/CAD pair rose during a majority of the session on Thursday, but as you can see sellers stepped in and push this market back down.
The GBP/USD pairfell hard during the session on Thursday, in what would’ve been somewhat illiquid markets. Going forward, we still think that the 1.50 level should offer support, so a bounce from down there will more than...
