The bottom of USD/CHF’s channel held last week, as risk aversion was still present in the trading markets. The pair is currently moving towards the middle of the channel, which might act as medium-term resistance. Take note...
The USD/JPY pair fell during the bulk of the session on Friday, testing the 102 level for support. This area of course did hold up, so it appears we may grind sideways for the short-term. The weekly...
The USD/CAD pair went back and forth during the session on Friday, ultimately printing a slightly negative candle. This just shows how much indecision there was in the market during this Friday session, but we still believe...
The GBP/USD pair fell during the session on Friday, breaking down below the 1.6450 level. However, there is still plenty of support all the way down to the 1.63 handle, so we are not selling. Quite frankly,...
The EUR/USD pair fell during the session on Friday, breaking below the 1.35 handle. This was an area that we had suspected would be significant support, but the fact that we are just 15 pips below it...
The AUD/USD pair fell during the session on Friday, but found enough support at the 0.87 level to turn around and form a hammer. Nonetheless, we believe that this market is still inherently weak, and as a...
Bernanke chaired his last FOMC meeting and he is out of the door. Some applaud his tenure, others detest his leadership and most do not care. The fact is that the next decade will determine the true...
GBP/USD is still on an uptrend on the 4-hour time frame, as can be seen on the rising channel on the chart. The pair is selling off but might be ready to find support at the bottom...
The GBP/USD pair fell during the session on Thursday, slicing through the 1.65 handle. The market does have quite a bit of support below that area though, and as a result we got a bit of a...
The EUR/USD pair fell hard during the session on Thursday, testing the 1.3550 level. This area has been supportive in the past, and as a result we feel that this market could seriously trying support down at...
