The GBP/USD pair fell in a steady manner during the Monday session as the British pound in general weekend. We solve Pound weakness against the dollar, the Swiss franc, and the Japanese Yen. With this being said,...
The EUR/USD pair fell during the session as the Dollar gained in general against most currencies. Looking at this chart, you can see that we are trying to go higher overtime, but it is been a ridiculous...
The AUD/USD pair fell during the session on Monday as the “risk off” trade came back into play. However, with the hurricane bearing down on the New York/New Jersey area, we saw much less liquidity in the...
EURUSD. Reports Wednesday October 24 confirmed that the economic slowdown which has been plaguing the countries in Southern Europe is moving north. The German Manufacturing PMI (M/M) was down to 45.7 from 47.4 last month. The Services...
Despite a better than expected US GDP report on Friday, the US dollar took somewhat significant losses against the Japanese yen before markets closed for the week.
The Dollar Index is still trading range bound between 80.00 and 79.00. The USD traded flat against most of the FX majors, though mild correction was observed in the Cable after the Cable has appreciated during past...
The USD/JPY pair fell during the session on Friday as the risk appetite fell around the world. The 80 handle continues offer significant resistance, and we could not get above the all-important 80.50 level. If that level...
The USD/CAD pair rose during the session on Friday in order to test the parity level as resistance. The level did hold at the end of the day, but is currently being threatened.
The GBP/USD pair fell slightly during the Friday session as we attempted to break out above the 1.61 handle. However, it must be said that this pair is starting to show real signs of strain, and as...
The EUR/USD pair fell during the session on Friday but found a bit late in the day in order to form a hammer. This hammer was formed directly after a shooting star, so it does suggest to...