The AUD/USD pair rose from the 1.04 support level as the buyers stepped in just in time on Friday. The 1.04 level was the scene of a breakout from the large ascending triangle that gave us this...
The USD/CHF pair fell on Friday as the Dollar got hit in general. The 0.91 to 0.90 area continues to look as if it is supportive, so we aren’t willing to sell at this point. The Swiss...
The GBP/USD pair rose on Friday as the 1.58 level came back into play as support. The market continues to grind away at these levels, and it appears that there is a real attempt to push through...
The USD/JPY pair fell for much of the later hours in the Friday session, but managed to bounce from the 50% Fibonacci level. The bounce suggests that we have had enough of a pullback from this latest...
The EUR/USD rose on Friday to trigger the buy signal on top of the hammer from the Thursday session. However, the 1.3250 level above it is still resistive up until the market clears the 1.33 level. With...
The dollar rose against its competitors supported by many factors.
Riskier assets, like the euro and AUD, tumbled on Thursday following the release of a string of negative global data. Worse than expected German news confirmed fears that the euro-zone has gone back into recession.
The Greece Parliament adopted the new loan agreement.
The US dollar was able to reverse some of its recent losses during the afternoon session yesterday, following the release of the Existing Home Sales figure. While the figure came in below expectations, it was still taken...
The AUD/USD pair fell most of the session on Wednesday to test the area of the 1.04 handle. This area is considered to be very supportive, and as such we fell that a buying opportunity may be...
