The GBP/USD pair rose during the session on Wednesday, but fell back from the 1.6150 region to form a shooting star. The shooting star of course is very signal, but we do not think that this market...
The EUR/USD pair rose during the session on Wednesday, breaking the top of the two hammers from the Monday and Tuesday session. This of course is a very bullish sign, and as a result we think that...
The AUD/USD pair went higher during the session on Wednesday, but as you can see still remains right around the 0.95 handle. It would not surprise us at all if this market decided to stay in this...
On Friday we will get the non-farm payroll report for the month of October. Traders will anticipate this report as it will not only give an insight on the labor market, but could also provide more clarity...
GBP/USD bounced off the established support level around 1.5950 in yesterday’s trading, as the UK printed a better than expected services PMI figure. The pair was also able to break above the 1.6000 major psychological level then...
The USD/JPY pair fell during the session on Tuesday, but as you can see found enough support just above the 98 handle in order to bounce and form a nice looking candle. This candle of course shows...
The USD/CAD pair rose during the session on Tuesday, breaking the top of the hammer that had formed on Monday. The 1.04 level looks very supportive now, and as a result it does not surprise us that...
The GBP/USD pair rose during the session on Tuesday, breaking back above the 1.60 handle as the market looks like it’s ready to continue consolidating between the 1.59 level on the bottom, and the 1.6250 level on...
The EUR/USD pair fell during the session on Tuesday, but remains within a few pips of the 1.35 handle. This area has been supportive and important for some time now, and as a result it does not...
The AUD/USD pair went back and forth during the session on Tuesday, essentially hugging the 0.95 level. This shows the market is still a bit confused at the moment, and seems to be comfortable in this general...
