USD/CHF has recently broken below a support zone visible on the 1-hour time frame, indicating that further losses might be in the cards. After dipping to a low of .8720, the pair has shown signs of retracing,...
Tomorrow forex traders will get two important central bank decisions; one from the Bank of England which is likely to have an impact on the British Pound and one from the European Central Bank which should move...
NZD/USD made a strong upside break from the top of its range, which is around the .8700 major psychological resistance. This level could act as support moving forward, as it is close to the 38.2% Fibonacci retracement...
The USD/JPY pair fell rather hard during the session on Tuesday, slamming into an uptrend line that has been in effect for several months now. On top of that, the 101.50 level is massive support as well....
The USD/CAD pair fell hard during the session on Tuesday, testing the support level below that is the absolute bottom of the consolidation area. While we anticipate that there should be buyers in this region, the fact...
The EUR/USD pair rose during the session on Tuesday, after the Germans printed better than anticipated numbers with the Services PMI announcement. With this, we slammed into the 1.3950 area, but could not break above there. However,...
The AUD/USD pair took off to the upside during the session on Tuesday, breaking the top of the hammers and more importantly, breaking above the sideways grind that we have been stuck in for 2 weeks. With...
USD/CHF has been moving inside a falling trend channel for the past week, as dollar demand has remained weak while Swiss economic data have shown improvements. The pair just came off a test of the channel resistance...
The USD/JPY pair fell initially during the session on Monday, but like most of the stock indices around the world, we found buyers towards the end of the day. The resulting candle is a hammer and it...
The USD/CAD pair fell during the session on Monday after initially trying to go higher, but at the end of the day we are still within a relatively tight consolidation range between 1.09 and 1.10 as we...
