The USD/CAD pair fell hard during the session on Thursday as the “risk on” trade came roaring into the markets. The pair has broken the bottom of a hammer from the Wednesday session, and as luck would...
Cable rose for the Thursday session on the bullish pressure in this pair. The 1.58 level has been supportive, and the 200 day exponential moving average is just below, offer a greater reason to get long.
The EUR/USD pair rose for the session on Thursday in response to Janet Yellen of the Federal Reserve talking about the need to keep rates low in the United States going forward. This had the markets repricing...
The AUD/USD pair rose on Thursday as the gold markets shot up as well. The Federal Reserve is expected to keep rates low for quite some time as there were a few different board members making comments...
A decrease in the yield of Spanish and Italian government bonds provided support for the Euro currency.
The euro saw mild upward movement during yesterday’s trading session, as gains in stocks drove investors toward riskier assets. That being said, analysts are warning that debt worries in Spain and Portugal still have the potential to...
The USD/JPY pair rose during the Wednesday session as the markets tried to bounce from the serious fall on Tuesday. The area that the pair is trading in at the moment is an area that has quite...
The USD/CAD pair fell for most of the session on Wednesday as the market tried to recover some of its “risk on” appetite in general. However, but the end of the session we saw a significant bounce,...
The GBP/USD pair gained on Wednesday as the 200 day EMA continues to offer support for the pair. The 1.58 level is also supportive, so the combination always assured that the market was going to rise overall.
The EUR/USD pair rose during the Wednesday session, only to fall later in the day. The resulting candle is another shooting star as the support level holds – but the bulls cannot gain any real traction.
