The US Federal Reserved wound down its economic stimulus packaged known as quantitative easing or QE3 for short. The ‘3’ stands for the third installment of such a measure which resulted in the Federal Reserve printing money...
The EUR/USD pair fell hard during the session on Thursday, but turned back around and bounced hard enough to form a beautiful looking hammer. The hammer is fixated on the 1.26 level, and that being the case...
The AUD/USD pair bounced during the course of the day on Thursday, but still remains trapped in the basic consolidation that we have seen for some time now. The 0.88 level continues to be a bit of...
GBPUSD has been moving sideways for most of the month and has recently found support at the bottom of the range once more. Price bounced off the 1.5950 minor psychological support level and may be headed for...
CADJPY is in a rising channel on its 1-hour time frame but is already nearing the top of the range. Resistance at the 97.50-98.00 area might hold and push the pair back to the bottom of the...
The USD/JPY pair initially fell during the course of the day on Wednesday, but after a hearty statement by the Federal Reserve, this pair went higher and broke out to the upside. It now seems almost a...
The USD/CAD pair went higher during the session on Wednesday after the Federal Reserve released a more hawkish than anticipated statement. We broke back above the 1.12 level, but there is a significant amount of resistance just...
The GBP/USD pair fell hard during the course of the day on Wednesday after the Federal Reserve released a fairly hawkish statement. However, the 1.60 level is significant support, so one has to wonder whether or not...
The EUR/USD pair initially tried to rally during the course of the day on Wednesday, but a stronger and more hawkish than anticipated statement coming out of the Federal Reserve of course sent this market lower as...
The AUD/USD pair initially tried to break out during the session on Wednesday, but with the Federal Reserve stepping in and releasing a hawkish statement, the market broke back down below the 0.88 level during the day....
