The EUR/USD pair rose initially during the session on Tuesday, but pulled back and closed just above the 1.28 handle. This market has been rather bearish lately, and it appears that even though we saw a supportive...
The AUD/USD pair initially rallied during the session on Tuesday, but as you can see gave back quite a bit of the gains in order to form a shooting star. We still think that the 1.04 level...
Thanks to its recent rallies for the first few trading sessions this week, EUR/USD was able to pull up to the former support level around the 1.2850 minor psychological handle. This is closely in line with the...
Economic news (2 April 2013)-The Australian dollar rose against most of its major counterparts, including the greenback, after the Reserve Bank of Australia left the cash rate unchanged at 3% on Tuesday, as was widely expected by...
USD/JPY sold off for the past couple of weeks and is now testing the former resistance at the 94.00 major psychological level. The pair seems to be finding support around this area, which is also in line...
The USD/JPY pair did almost nothing during Friday as the liquidity would’ve been low due to be Good Friday holiday. However, we are sitting just above the 94 handle, an area that we consider to be significant...
The USD/CAD pair had a slightly positive session during the low liquidity Friday trading hours, but remains underneath the 1.02 level. However, we ultimately believe that this pair needs to pull back to the 1.01 handle, and...
The GBP/USD pair had a very quiet session on Friday, as it was holiday trading. However, you can see that just above current levels we have a significant resistance level that is trying to be broken out...
The EUR/USD pair did very little during the low-volume holiday on Friday, but recent action shows that this pair is without a doubt bearish and its momentum. However, the 1.2750 level has offered enough support to cause...
The AUD/USD pair attempted to rally during the Friday session, but even in the low liquidity could not do so. The candle formed for the session is a shooting star, but it sits just above a massive...
