GBP/USD rose slightly for the Thursday session after first behaving very strongly. In fact, the resulting candle is a shooting star, and shows weakness going forward. The 1.58 level just below it is support however, so this...
USD/CAD fell slightly during the session on Thursday, continuing a pattern of range bound trading that we have seen over the last several days. The 0.99 level continues to act as support, and the parity level continues...
The USD/CHF pair fell on Thursday as the Dollar continues to get hit overall. However, the later hours of the session saw a bit of a bounce in this pair, and the dollar as a whole got...
USD/JPY rose on strong buying during the Thursday session as the Greek announcement of a potential deal continues to give the “risk on” traders a bit of a boost.
The market participants were expected the resolution of Greece problem.
The EUR/USD spent much of yesterday range trading, as investors were fearful of opening fresh buy positions ahead of possible Greek news. The market place is not forecasted to be nearly as quiet today, as euro-zone and...
USD/CAD continues to fail at the parity level. The longer this goes on, the more bearish this pair looks to us. However, there is a ton of support going all the way down to the 0.9750 level.
AUD/USD rose for most of the session on Wednesday, but pulled back to form a shooting star. The fact that this happened at the 1.08 level is very interesting as it was seen as a “barrier” of...
USD/CHF had a very tight range on Wednesday as the world continues to wait on the results of a Greek bailout deal. The markets have been incredibly patient with Athens, but the time has come to see...
GBP/USD fell during the Wednesday session as the Dollar got a bit of relief from the massive selling it has seen over the last several days. The Europeans still haven’t come together with some kind of agreement...