The EUR/USD pair had a very positive session on Thursday as the 1.2350 level was it. The market still looks as if it’s in a rising wedge, and there are still plenty of problems in Europe. Because...
The AUD/USD pair fell during the session originally, but bounced in order to break back above the 1.05 handle. The hammer from the Wednesday session suggested that we found support at the 1.0450 level, and as such...
The US dollar hit a fresh one-month high against the Japanese yen after a better than expected US Building Permits helped boost confidence in the US economic recovery.
USD Dollar gained versus the euro and the yen on Wednesday. Sterling was the only currency, which closed the session at the opening prices versus USD. As for today, a lot of significant releases will be coming...
The EUR/USD pair had a bearish session on Wednesday as it broke down below the shooting star formed on Tuesday. The uptrend line that had held this market in place for so long did in fact do...
The USD/JPY pair had a pretty wild session on Wednesday as the pair both rose and fell in order to form a hammer just above the 78.75 level that we have been watching recently.
The GBP/USD pair had another bullish session on Wednesday, but then again still cannot break above the 1.57 level for any significant amount of time. Because of this, it looks like this market is starting to run...
The AUD/USD pair managed to bounce after falling through the 1.05 level that acted as support. The fact that the daily candle ended up is a hammer is also very bullish, and as such we think that...
The USD/CAD pair fell during the session on Wednesday in order to finally break down below the 0.99 level. This area had acted as support over the last week, but now has given way and it looks...
A worse than expected US Core CPI figure yesterday caused the US dollar to reverse its gains from earlier in the week against the Japanese yen. The greenback had more luck against the euro, as an increase...
