AUD/USD had a slightly bullish day on Monday after initially falling. The currency pair formed a hammer, and this of course is a very bullish signal. It appears that the 1.02 level is offering support at this...
USD/CAD pair fell after initially moving higher on Monday. The market formed a shooting star, however this is a very short one and looks like one to ignore. The 1.0150 level should still offer support, and we...
Market review for 2 – 6.07.2012
A worse than expected US Non-Farm Payrolls figure on Friday led to risk aversion in the marketplace and sent the euro to a two-year low against the US dollar. Commodities and precious metals also saw bearish movement...
The EUR/USD pair fell precipitously for a third day in a row after the poor jobs number out of the United States was released. For the first time in two years, this pair is closing below the...
USD/JPY fell during the Friday session as the US jobs report came out weaker than expected, pushing this pared down to the 70.50 level where it found previous support. The church still looks like it is trying...
The GBP/USD pair fell on Friday as the jobs number came out weaker than anticipated. The 1.55 level was violated, but not significantly so and as such we think that further weakness will need to be seen...
AUD/USD fell for much of the Friday session as the US jobs number disappointed. The candle did find a bit of a bounce at 1.02, and as such it does look like there is some form of...
The USD/CAD pair had a relatively strong day during the Friday session as the markets were rocked by another poor employment number out of the United States. The pair gave back some of its gains towards the...
Continuing from last Thursday’s trend when the Europeans and the Chinese cut their bank rates, and the Brits commenced another £50B of quantitative easing, Friday’s numbers continued bearish. Most significant were the US employment numbers.
