The US Federal Reserve will meet this month on December 17th through December 18th for their last FOMC meeting of 2013 and the last one chaired by Ben Bernanke. Plenty of traders will look forward to the...
GBP/JPY might be on its way to resume its climb, now that price has made higher lows while stochastic drew lower lows. The support at the pair’s previous week highs around 169.00 seems to be holding well.
The USD/JPY pair fell during the session on Tuesday, but as you can see bounced a little bit towards the end of the day. We have now filled the gap from the weekend completely, and as a...
The USD/CAD pair fell during the session on Tuesday, slamming into the 1.06 level, which of course acted as support. This is an area where we expect a lot of buying pressure to be had, going all...
The GBP/USD pair rose initially during the session on Tuesday, but as you can see ran into a bit of resistance in order to pull back and form a shooting star. That shooting star suggests that we...
The EUR/USD pair rose during the session on Tuesday, testing the 1.38 level for resistance. That level did in fact offer resistance, and as a result we ended up forming a shooting star. We do not feel...
The AUD/USD pair broke out to the upside during the session on Tuesday, closing at the 0.9150 level. However, it seems that the market is going to struggle in this area, and if we break the top...
EUR/CHF has been selling off very aggressively but the pair might be due for a strong bounce soon, as it is currently testing a long-term bottom around the 1.2200 major psychological level.
The USD/JPY pair gapped higher at the open on Monday, but turned around and found support at the 103 level before bouncing even higher. The market ended up forming a hammer for the session, and as a...
The GBP/USD pair exploded to the upside during the session on Monday, but remains stuck just below the 1.6450 level yet again. This area is going to be a bit of a difficult area to get through,...
