EUR/USD fell slightly during the Thursday session, but just barely. The pair continues to hover between the 1.35 and 1.3250 levels, and the session on Thursday was a perfect example of indecision as it formed a doji....
GBP/USD rose again on Thursday as the pair continues to try and break above the 1.60 resistance level. The pair is a risk-related pair, and tends to rise and fall with the stock markets around the world.
USD/CAD continued its grind lower on Thursday as the pair fell below the 0.9850 level for the first time in months. The candles over the last three days have all been red, and they look fairly weak...
USD/CHF rose during the Thursday session as the run to the Dollar continues. The 0.90 level now looks fairly supportive, and it is probably only a matter of time before this pair gains a bit of traction.
USD/JPY fell a bit during the session on Thursday as the pair continues to consolidate above the all-important 80 level. The pair is being supported by the Bank of Japan in several different ways at the moment,...
The Dollar Index has found support at 78.10 ranges to currently trade at 78.90 ranges; the short term trend is sideways between 79.80 and 78.40. The benchmark equity index of the Dow Jones Industrials is currently trading...
Technical analysis for 1/03
The USD/CAD pair fell during the session as the markets originally ran away from the US dollar. However, the “risk off” trade came back into play towards the end of the session, and the market bounced quite...
The AUD/USD pair initially rose well above the 1.08 level on Wednesday as the flag we have been watching got violated. However, by the end of the session, these gains were lost and more, to form a...
The USD/CHF pair took off Wednesday during the session as the failure of Ben Bernanke to mention another round of quantitative easing got the markets a little bit spooked.
