The USD/JPY pair fell during the session on Tuesday as the 90 handle becomes far too rich for the buyers to break through. We believe that eventually will be overcome, but in all honesty we have risen...
The USD/CAD pair rose during the session on Tuesday, but ran into the same trouble it ran into on Monday. We essentially printed the same candle as well, and as a result it looks like the upside...
GBP/USD fell during the session on Tuesday, but in reality the slightly negative candle could be looked at as nothing more than a neutral session. We are still above the 1.60 support level; it is a result...
The EUR/USD pair fell during the session on Tuesday, as and found support somewhere around the 1.3280 level. With this being said, it looks visible pullback after the breakout and now we have to wait and see...
The AUD/USD pair fell during the session on Tuesday as the markets continue to churn just above the 1.05 level. However, we do see the bullish case being made and the upside pressure being laid on in...
Market Commentary The Dollar Index is trading at 79.50 ranges, near the support of the sideways trading range of 79.00-81.00 formed since couple of months; next leg of weakness in the USD is expected only on the...
CFTC Commitments of Traders (COT) Report, published 08 January 2013. Currency futures traders were busy reducing positions in the first week of the New Year. The collective reduction was 42K contracts but there was no liquidation in...
The Euro is deemed to sustain its strength against the US dollar today as cautious comments by Federal Reserve Chairman Ben Bernanke over the US economy suggested that the central bank was in no hurry to withdraw...
Risk aversion in the marketplace, following disappointing euro-zone industrial data, resulted in gains for the safe-haven US dollar against its higher-yielding currency rivals yesterday.
The USD/JPY pair ended up producing a fairly neutral day on Monday as we bounce around just below the 90 handle in this market. We see the 90 level as significant resistance, and as a result would...
