The EUR/USD pair initially fell during the Thursday session, plunging below the 1.2950 handle again. However, we managed to get the buying pressure back together and broke above the 1.30 handle during the day.
The AUD/USD pair shot straight up during the session on Thursday, and smashed into the 1.04 resistance level. In fact, that is exactly where it stopped at the highs of the day. This leads us to believe...
Economic news (14 March 2013) – The Australian economy appears to be gaining momentum over the last weeks as series of positive economic data has been released. The latest portion showed a much better-than-expected employment change as...
USD: Bullish The U.S. dollar once again found support from stronger than expected economic data during yesterday’s trading.
NZD/USD got sold off strongly after the RBNZ announced its interest rate decision during today’s Asian session. Even though the central bank kept rates on hold at 2.50% as expected, RBNZ head Graeme Wheeler commented that domestic...
The USD/JPY pair fell during the session initially on Wednesday, but as you can see bounced enough to break back over the 96 handle by the end of the session. This formed a hammer, and as a...
The USD/CAD pair had a positive showing during the Wednesday hours, bouncing off of the 1.0250 level yet again. This market has yet to pullback after the recent breakout from the 1.01 level, however we have seen...
The GBP/USD pair attempted to breakout and above the 1.50 handle during the Wednesday session, but as we had stated in yesterday’s analysis, the 1.50 level offered a significant amount of resistance.
The EUR/USD pair fell during the session on Wednesday, breaking below the 1.30 level yet again. In fact, we even managed to test the 1.29 handle, make a fresh new low at one point during the session.
The AUD/USD pair fell during the session on Wednesday, testing the 1.03 level for support. This area did hold, so it is likely that we will see a continuation of the move higher that we have seen...
