The USD/JPY pair fell during the session on Tuesday as the bearishness in the marketplace overall continues. We still see this market as being stuck in consolidation and still recognize 79 as a bit of a “floor”...
The USD/JPY pair fell during the session on Tuesday as the bearishness in the marketplace overall continues. We still see this market as being stuck in consolidation and still recognize 79 as a bit of a “floor”...
The USD/CAD pair broke higher during the Tuesday session as the parity level continues older support. We believe that this market is trying to grind higher, and a break above the 1.0050 handle has as buying this...
The GBP/USD pair initially tried to rally during the Tuesday session, but was beat back at the 1.59 level. The resulting action caused a shooting star to form for the day, and it now looks like we’re...
The EUR/USD pair fell below the 1.2700 level on Tuesday, but did get a bounce in order to pop back above it. Currently, we are flirting around with that handle, and have formed what looks a lot...
The AUD/USD pair fell during the session on Tuesday as we retested the 1.04 level for support. It did hold, and we bounced in order to form a hammer. However, we are still below the Wednesday shooting...
Concerns over the Euro Zone economy are presumed to continue weighing on the Euro in today’s exchanges after a weak German business confidence data highlighted the rising pain in the region’s stronger economies.
The Dollar Index is trading at the short term resistance of 81.00-81.20 ranges after the FOMC meeting yesterday. The Dollar Index may again expected to find resistance at 81.00-81.20 ranges from where is sold off during September...
Date: 12.11.2012 Time: 18:15 Rate: 79.44 4 Hour chart Last Review USD/JPY Forecast- It is possible to see that a descending price structure was created on the breaking of the 80.00 price level which indicates that the...
Date: 12.11.2012 Time: 18:05 Rate: 0.9479 4 Hour chart Last Review USD/CHF Forecast- The price has corrected the uptrend marked with blue broken line towards the 38.2% Fibonacci correction on the 0.9394 price level and immediately went...
