The AUD/USD pair went back and forth during the course of the session on Friday, showing quite a bit of volatility as usual. The 0.71 level below is supportive, but we also see quite a bit of...
On Thursday the pound/dollar was trading above the LB in a range of 70 points. In the first half of the day the rate dropped to 1.5173 and in the second it returned to 1.5240. It’s now...
Yesterday’s Trading: On Thursday, trading of the euro/dollar closed up. Sharp fluctuations on the euro were caused by ECB president Draghi’s speech and by speeches from US Fed representatives. Draghi promised to reassess QE in December and...
The USD/JPY pair continues to grind itself a little bit lower, as the market seems a bit stretched at the moment. Ultimately though, we feel that the market should continue to find buyers below, and we are...
The USD/CAD pair rose during the course of the day on Thursday, breaking above the 1.33 handle. Although we did not keep all of the gains, the reality is that the market looks as if it is...
The USD/GBP pair initially fell during the course of the day on Thursday, breaking back below the 1.52 level. However, we found enough support below to turn things back around and form a significant hammer. The hammer...
The EUR/USD pair went back and forth during the day on Thursday, ultimately forming a bit of a hammer. This market looks as if it is ready to bounce from here, and as a result we will...
The AUD/USD pair initially fell on Thursday but found enough support to turn things back around and form a bit of a hammer. This suggests that the market is going to continue going higher, and if it...
AUDCAD is slowly trending higher on its 4-hour time frame, just having bounced off the bottom of the range at the .9300 major psychological level. A short-term double bottom pattern can be seen, indicating that further rallies...
The USD/JPY pair went back and forth during the course of the session on Wednesday, ultimately forming a bit of a shooting star. Having said that though, the market looks as if it is still very bullish...
