The USD/CAD pair shot straight through the parity level for most of the session on Wednesday as the fear trade came back into play. The level has held in a sense though, as the daily candle produced...
The euro remained relatively unchanged vs. its main rivals throughout the European session yesterday, as political uncertainty in the euro-zone kept the currency near its recent lows. After dropping as low as 1.3000 during early morning trading,...
The EUR/USD pair has been very stubborn recently, and the Tuesday session proved to be more of the same. The 1.30 level is a well-known support area, as every time the markets have approached it, the bulls...
The USD/JPY pair had a fairly back and forth session on Tuesday in order to essentially go nowhere. The pair continues to hover around the 80 handle, and the level is one to watch without a doubt....
The GBP/USD pair fell during the session as the “risk off” trade came back into vogue. The market managed a bounce late in the day though, and it looks as if the pair still has plenty of...
AUD/USD fell during the Tuesday session, completely wiping out the gains from the Monday session. The fears over the European crisis are weighing on risk assets, and the Aussie is one of the most favored ways for...
The USD/CAD shot through the parity level on Tuesday as the flight to the Dollar continues around the world. The oil markets will be very influential at this point in time, and the Light Sweet Crude markets...
Late last week we speculated weather the markets had discounted a victory by the socialist party in France. Judging by the market action this week, that was not the case.
Technical analysis for 08/05
For the second month in a row the Non-Farm Payroll number was well shy of the trade’s conservative estimate.
