The USD/CHF pair had a very back and forth session on Tuesday as the market simply didn’t have much of a direction overall. The pair is currently in a the support zone that we have been watching...
The GBP/USD pair rose for much of the Tuesday session to test the 1.60 level. The result was a failure at the close, and a shooting star for the candle. This is the biggest resistance area on...
The USD/JPY pair had a slightly bullish day on Tuesday as the market went back and forth. The long-legged doji that formed signals that the market is still trying to figure out the next move. However, the...
The EUR/USD pair has been very bullish as of late, but the Tuesday session saw a very lackluster performance. The comments out of the Federal Reserve Chairman Ben Bernanke’s mouth on Monday about keeping rates low for...
Technical analysis for 27/03 EURUSD The pair is trading between 1.33143 and 1.31674. Resistance: 1.33143, 1.34882, 1.35984 Support: 1.31674, 1.30277, 1.28630
A speech by Fed Chairman Ben Bernanke yesterday resulted in the US dollar tumbling throughout the European trading session. The speech, which hinted that the Fed may initiate another round of quantitative easing in the near future,...
The AUD/USD shot straight up on Monday after the Fed Chairman Ben Bernanke stated that the case for Quantitative Easing could be made. He didn’t specifically state it outright, but was blunt about keeping rates as low...
The EUR/USD pair broke out to the upside on Monday as the Federal Reserve Chairman suggested that the exceptionally low interest rates in the US will remain for as long as possible. Some people went so far...
The GBP/USD pair originally fell during the Monday session, but shot straight up like a rocket by the end of the day. This was predicated by the suggestion by Ben Bernanke that “Quantitative Easing 3” isn’t off...
The USD/CAD pair fell hard on Monday as the Federal Reserve Chairman stated that the low rates in the United States were going to be used for as long as possible, stifling the suggestion that the Fed...
