AUD/USD had a sharp selloff since Thursday last week as weak Chinese data and weak Australian data have been weighing the pair down. The recent release of the weaker than expected Chinese GDP, which came short at...
The USD/JPY pair fell hard during the session on Monday, as the Yen was bought up against most other currencies. However, as you can see we did get a little bit of a bounce towards the end...
The USD/CAD currency pair has been grinding away in a 100 pip range for her a couple of weeks now. However, during the Monday session we saw the market finally break above the recent highs, and as...
The GBP/USD pair fell during the session on Monday, as all “risk on” pairs did. However, the 1.5250 level offered enough support to keep the market above it. This was her previous resistance, so is interesting to...
The EUR/USD pair fell during the session on Monday, as the “risk off” attitude came back into the marketplace. The 1.31 level offered resistance as we had suspected it would, but you can see that the 1.30...
The AUD/USD pair fell drastically during the Monday session as the pair cleared two handles at one point. We are now well below the 1.04 handle, and have actually broken below 1.03 at one point during the...
EUR/USD has been having a difficult time breaking past the 1.3100 major psychological resistance level. After all, this area has served as support and resistance in the past as plenty of buyers and sellers are keeping a...
The USD/JPY pair fell rather drastically during the Friday session, but all things considered we are still very bullish overall. Looking at this chart, it makes sense of the 100 level cause quite a bit of resistance,...
The USD/CAD pair bounced off of the 1.01 handle on Friday to form a relatively bullish looking candle. This pair looks like one that simply wants to bounce around between 1.01 and 1.02 for the meantime.
The GBP/USD pair had a slightly negative session on Friday, but it continues to stair step its way higher. Ultimately, this market does look like it’s broken out of it, but we do see several places that...