The USD/CAD pair rose again during the Wednesday session as the oil markets fell. The inventory numbers out of America and this sent the oil markets lower. The Canadian dollar is always sensitive to oil prices, and...
The Bank of Japan is ready to fight the defilation in Japan. Asian and European trading sessions:
The euro was able to maintain its recent bullish trend vs. the US dollar yesterday, after smooth debt auctions from Italy and Spain helped boost confidence in the euro-zone economic recovery.
The USD/CAD pair rose slightly during the Tuesday session as the market bounced from the recent support levels that have kept this market in check lately. The 200 day EMA is just above, and held the market...
The AUD/USD pair fell on Tuesday as the “risk off” trade came back into the markets. The market continues to look healthy though, and even with the selloff there are multiple reasons to consider owning the Aussie...
The USD/CHF pair had a very back and forth session on Tuesday as the market simply didn’t have much of a direction overall. The pair is currently in a the support zone that we have been watching...
The GBP/USD pair rose for much of the Tuesday session to test the 1.60 level. The result was a failure at the close, and a shooting star for the candle. This is the biggest resistance area on...
The USD/JPY pair had a slightly bullish day on Tuesday as the market went back and forth. The long-legged doji that formed signals that the market is still trying to figure out the next move. However, the...
The EUR/USD pair has been very bullish as of late, but the Tuesday session saw a very lackluster performance. The comments out of the Federal Reserve Chairman Ben Bernanke’s mouth on Monday about keeping rates low for...
Technical analysis for 27/03 EURUSD The pair is trading between 1.33143 and 1.31674. Resistance: 1.33143, 1.34882, 1.35984 Support: 1.31674, 1.30277, 1.28630