The AUD/USD pair fell hard on the session for Thursday as traders prepared for the important Non-Farm Payroll numbers today. The announcement should be one of the most important this year, as the markets try to figure...
July 1st, less than two months away, will mark the commencement of Labor Prime Minister Julia Gillard’s controversial carbon tax. While Australia accounts for only 1.5% of global carbon emissions, it is the largest per capita emitter.
The Euro-Zone Unemployment Rate in March reached a new record of 10.9
Technical analysis for 02/05 EURUSD The pair has risen to the Moving Average (100) at 1.32148. If the pair stays above this level the pair will rise to 1.33143. If the pair stays below 1.31674 the pair will...
Early, the USD was under pressure yesterday with across the board selling. ‘The US recovery is slowing and it is time to sell the USD’ was the mantra. The markets were attracting a lot of new bears,...
The EUR/USD pair had another back and forth session on Tuesday as the market simply cannot decide which way it wants to go. The downtrend line from the February highs continues to hold the bulls back, and...
The USD/JPY pair had a volatile day on Tuesday as the 80 level continues to be a magnet for action. The level is a massively supportive area, as it was the scene of a massive breakout back...
The GBP/USD pair fell for much of the Tuesday session, only to bounce and form a hammer by the end of the day. The hammer was formed at the 1.62 level, and as a result it looks...
The AUD/USD pair fell on Tuesday as the Reserve Bank of Australia cuts rates by .50 percent during the early part of the session. This of course led to Aussie selling, and as a result the pair...
The USD/CAD pair fell during the session on Tuesday as the oil markets broke out above the $105 resistance level. The pair continues to be bearish overall, and as a result this market is only sold by...
