The AUD/USD pair had a wild ride on Thursday as it initially plunged, but based upon the US dollar falling apart against the Japanese yen, the US dollar got absolutely pummeled against every other currency, and this...
Draghi sparks sell-off with hawkish comments, what will it mean for the forex markets?
The US dollar is slightly changed from its yesterday’s drop against major currency counterparts, following disappointing labour market data. The greenback fell against the euro to an intraday low of $1.3116 on Wednesday, decreasing even further this...
The USD/JPY pair fell during the session on Wednesday, continuing to selloff and aim for the 99 handle. This market is under serious pressure, but in the end we still believe that the Bank of Japan will...
The USD/CAD pair tried to rally during the session on Wednesday, but as you can see the 1.0380 level offered enough resistance in order to turn the market back around, and formed a shooting star.
The GBP/USD pair shot straight up during the session on Wednesday as the market even managed to break above the 1.5 for resistance level. Because of this, we believe that the British pound will continue higher, and...
The EUR/USD pair rose during the session on Wednesday, but as you can see gave back quite a bit of the gains. In truth though, this was a relatively small range and as a result we can...
The AUD/USD pair fell rather hard during the session on Wednesday, breaking down to fresh new lows at one point during the session.
The uptrend of CAD/JPY still seems to be intact as the pair is testing the bottom of the ascending channel on the 4-hour time frame. This area is also around the 96.00 major psychological support.
The USD/JPY pair went back and forth during the session on Tuesday, hovering around the 100 handle. A lot of this lease predicated upon the fact that the Japanese prime minister speaks this morning, and as a...
