The EUR/USD, which had come within a one-week high during the overnight session yesterday, once again fell below the 1.3300 level during European trading. Analysts attributed the bearish correction to ongoing uncertainties regarding the euro-zone economic recovery.
The GBP/USD pair fell hard during the session on Tuesday as the Federal Reserve failed to give the signal for continued easing during the minutes release. The 1.60 level has held as resistance, and we even mentioned...
The USD/CAD pair rose for much of the session on Tuesday, but fell again once the Federal Reserve released its minutes from the last meeting. The release didn’t give any signs of further quantitative easing, and the...
The AUD/USD pair fell hard during the Tuesday session as the Federal Reserve failed to suggest a case for further easing in the minutes that were released in the US. The 1.04 level has given way, but...
The negative Euro-zone news’ release pressured the Euro currency.
Fears regarding the pace of the global economic recovery sent riskier assets lower during yesterday’s session. The EUR/USD fell some 90 pips during the European session, while the EUR/JPY tumbled close to 150 pips.
The USD/CAD pair fell on Monday as the oil markets perked back up. The pair has been stuck in consolidation lately, capped by the parity level on the upside, and the 0.9850 level on the lower part.
The AUD/USD pair fell for much of the session on Monday, only to pop back up and print a hammer in the previous gap by the close. This signals that we could perhaps get serious support in...
The GBP/USD pair rose again during the Monday session, but finished a bit flimsy. The 1.60 level has been broken, but the pair is closing as a bit of a doji, if not a semi-shooting star. The...
The USD/JPY pair had a rough day on Monday as the bears sold this pair off. The resulting candle is a long red one, and it is sitting right on the 0.82 support level. The pair looks...
