The Dollar Index is trading at 81.20 with 81.00-81.20 ranges still acting as short term resistance; the USD has traded mixed wherein it has lost more than 50 pips against the Euro and the Swiss Franc, about...
Date: 14.11.2012 Daily chart Last Review EUR/USD Forecast- It looks like the price is stopping on the 1.2678 support level, while it is creating a candle called “Hammer” (at the moment, we will have to wait until...
The JPY fell against virtually all of its main currency rivals yesterday after it was announced that elections would be held in Japan, possibly as soon as next month. The US dollar also saw minor losses against...
The USD/JPY pair got quite a boost on Wednesday as the Bank of Japan has made it well-known they do plan on extending their inflation target to roughly 3%. Because of this, they will be weakening the...
The USD/CAD pair bounced off of the parity level yet again on Wednesday, and rose to finish the day higher than the previous two highs from the last week and half or so. This is starting to...
The GBP/USD pair initially tried to rally during the session on Wednesday, but was met with selling at the 1.59 level. The candle is bearish, and we are breaking the lows of the previous session which of...
The EUR/USD pair shot straight up during the session on Wednesday, but gave up quite a bit of its gains in order to form something that looks quite a bit like a shooting star.
The AUD/USD pair fell precipitously during the Wednesday session as we continue to bounce around the 1.04 level. The markets took a serious “risk off” attitude during the session on Wednesday, and as usual the Australian dollar...
When traders get really good and bearish, how often does a market then turn around? I have often felt that it is the markets function to fool as many people as possible. After all, if it were...
The Dollar Index is trading at 81.20 with 81.00-81.20 ranges still acting as short term resistance after the FOMC meeting yesterday. The Dollar Index is expected to again find resistance at 81.00-81.20 ranges from where is sold...
