The EUR/USD pair fell during much of the Friday session, but found support at the 1.3150 level yet again. The resulting balance formed a hammer, and it does suggest that we are going to continue to see...
The AUD/USD pair rallied during the session on Friday, but failed to break above the 1.04 level again. This area has been significant resistance previously, and support as well. This area continues to hold the market down,...
The AUD/USD pair had a back-and-forth session on Thursday as we continue to bounce around below the 1.04 handle. We are still above the 1.03 handle however, and as a result we are not bearish yet.
The euro extended its bullish momentum during the first part of the European session yesterday, after positive Italian news and better than expected US Unemployment Claims figure led to an increase in risk taking among investors.
The USD/JPY pair had another bullish session on Thursday as we continue to climb at a parabolic rate. However, there are many out there who are repricing the monetary policies of both central banks involved in this...
The USD/CAD currency pair fell during the trading session on Thursday, and even managed to bounce off of the 0.99 handle for support. The resulting candle ended up being a hammer, and we are just below the...
The GBP/USD pair had a wild session on Thursday as we were both positive and negative by the end of the day. However, the candle that formed was a shooting star with a slightly negative bias sitting...
The EUR/USD pair is without a doubt one of the least interesting ones at the moment. We are caught between the 1.3150 support level, and the 1.3300 resistance level.
Market Commentary Amidst volatile session witnessed in the benchmark equity index of Dow Industrials (.DJIA) the Dollar Index (DX) ended flat after swinging between 79.89 and 79.42. The Dollar Index after finding support at 79.00 ranges is...
The British pound is looking forward to some respite in its exchanges versus the US dollar after finding support at the 1.6108 price mark. Fiscal cliff talks resume today in the United States, and the markets are...
