EUR/USD found a bid on Tuesday again, and stopped at the 1.44 area. This pair looks like it wants to rise higher, but with the Greeks voting on austerity today, there are simply far too many headline...
The AUD/NZD market fell on Tuesday, but remains glued to the 1.30 area. The pair looks like it is winding up to make a move, but until that happens – we aren’t looking to trade this pair....
The pound fell against the US dollar driven down by announcements by policy maker Adam Posen, who has called for adding to stimulus since October, as he criticized the Bank for International Settlements when it said central...
The EUR/USD continued the upside move most of Tuesday on regained faith in policy makers ability to contain the debt crisis and prevent the Greek default as talks head forward with banks over their voluntary participation in...
The USD/CAD pair fell for a second day on Tuesday, as optimism that a solution to Greece’s debt crisis is approaching overshadowed the worse than expected drop in U.S. consumer confidence, where risk appetite increased among investors...
The AUD/USD fell, and fell hard in Wednesday trading. Action like this is always very bearish, but it should be noted that a lot of things sold off – and not all of them correlated. In other...
The EUR/USD fell again today, but this time broke through some of the previous support that had been holding the market up. 1.42 did hold however, and might be a bit of a “last stand” for this...
The GBP/USD rose fast and hard, and then fell in the same manner on Wednesday, showing how confused the market really is at this moment. The 1.63-1.64 area is still holding up, but does need to be...
The USD/CAD fell on Wednesday, and then rose. All of this is predicated on the wild ride oil had as the US announced it had plenty in storage. The 0.97 level is still major resistance, and will...
The USD/CHF rose on Wednesday trading, clearing the 0.88 mark – its first resistance level to worry about since the bounce started. The markets will certainly be watching the 0.90 area, as it is a much stronger...