The EUR/USD pair broke higher during the session on Friday, clearing the top of both the Wednesday and Thursday candles after less than stellar US numbers came out. That being the case, the market then would reach...
The Australian dollar rallied during the day on Friday, but found enough resistance above the 0.74 level to turn things around and form a shooting star. While this is a negative sign, and we are sitting the...
The USD/JPY pair had a negative session on Thursday, but found enough support at the 113.50 level to turn things around and form a perfect hammer on the hourly chart. It now looks as if the market...
The USD/CAD pair had a very rough session on Thursday, initially surging much higher, then pulling back drastically, only to bounce again to the highs, and then pulling back to show weakness yet again. This very violent...
The British pound fell significantly during the day on Thursday, as the 1.2950 level offered a bit too much in the way of resistance. Also, the Bank of England wasn’t as hawkish as people had hoped, and...
The EUR/USD pair initially tried to rally on Thursday, but as you can see made a lower higher than the previous session. This is a sign of a market that is trying to build up bearish pressure,...
The Australian dollar had an interesting session, initially falling, perhaps in sympathy to the moves in the New Zealand dollar. However, we rallied a bit but now are starting to see resistance again near the 0.7380 handle....
The USD/JPY pair had a volatile session on Wednesday, as we bounced off the 113.50 level, and then finally managed to build up enough momentum to break above the 114 handle. It looks as if we are...
The US dollar had a very eventful day against the Canadian dollar. This of course had a lot to do with what was going on in the crude oil markets, as WTI shot much higher. The market...
The GBP/USD pair had a very volatile session on Wednesday, reaching the highs just below the 1.30 level again. We turned around to fall significantly, and test the 1.2925 region. This is a market that continues to...
