USD/CAD fell for most of the session on Tuesday, but bounced later in the session to close above the all-important parity level. The pair will continue to be held hostage by the oil markets, and as a...
AUD/USD climbed again on Tuesday, but gave much of the gains back. As a matter of fact, the pair ended the day by forming a shooting star. However, there is a fairly significant hammer on Monday supporting...
USD/CHF fell for the first half of the session on Tuesday only to bounce later in the day to form a hammer just above the 0.91 – 0.90 support area. The pair is certainly benefitting from the...
GBP/USD had a strong day on Tuesday as it continued its bullish run of late. The market is certainly dumping the Dollar in this pair, and the push to the 1.58 level was a good sign of...
USD/JPY fell again on Tuesday as traders continue to test the patience of the Bank of Japan. The finance minister did have a few words about the rate of the Yen last night, but as of yet...
EUR/USD rose for the beginning of the session on Tuesday, but gave up those gains before it was all said and done. The pair fell hard, but found the 1.31 level as being supportive yet again.
The Dollar Index is trading near short-term support of 78.20; though the medium-term trend is bearish, DXH2 may trade sideways between 79.80 and 78.20. The long-term trend is still bearish till the Dollar Index does not close...
