The EUR/USD pair did very little during the session on Monday as it simply went back and forth in a very tight range. However, we remained above the crucial 1.3150 handle, and this does suggest that there...
The AUD/USD pair did very little during the session on Monday, as we lost a slight bit of value. However, this market seems content to bounce around between the 1.05 handle, and the 1.06 level. Until we...
Market Commentary The US Dollar continued to depreciate across the board; the Dollar Index (DX) continued to fall for continuous sixth session. The Dollar Index is currently trading flat at 79.37 after correcting from intermediate resistance of...
The Japanese yen is foreseen to maintain its slump opposite the US dollar today as conservative ex-premier Shinzo Abe, who pledged more aggressive monetary policy, will get a second chance to lead Japan after his Liberal Democratic...
Market Commentary Despite most of the asset classes, especially the benchmark equity index of the Dow Industrials (DJIA) trading flat, the Dollar Index (DX) continued depreciating across the board to close weak at 79.65 ranges. The Dollar...
The USD/JPY pair initially rose during the session on Friday but found significant resistance at the 84 level in order to form a shooting star. Even though the shooting star is ideally placed, we see the 82.50...
The USD/CAD currency pair had a positive session on Friday after printing a hammer on both Wednesday and Thursday. The biggest problem of course is the fact that Monday and Tuesday so shooting stars!
The GBP/USD pair had a strong showing on Friday as we raced towards the 1.6175 area. This area has been resistance before, but it appears that we are now ready to start breaking out of it.
The EUR/USD pair broke above the 1.3150 level at the end of the session on Friday, signaling a new leg of in this currency pair. Is because of this that we think a break above the highs...
The AUD/USD pair had a strong showing on Friday as we managed to push up against the 1.06 resistance level again. This area will have to give way for the Aussie to continue to climb against the...
