USD/CAD fell on Wednesday as the pair continued the move down. However, but the end of the session, the pair had bounced enough to close higher. The resulting hammer looks fairly supportive, and would indicate that perhaps...
AUD/USD rose slightly for the Wednesday session in what was best described as quiet trading. The pair is currently running up to the resistance area that is between 1.03 and 1.05, and should find the next 200...
USD/CHF rose during the session on Wednesday as the pair continues to grind higher overall. The pair is the opposite of the EUR/USD pair essentially, and the movement is almost always inverse of that pair.
GBP/USD fell during the session on Wednesday as the Pound got absolutely hammered against most other currencies. The pair has been grinding lower, and we even suggested that perhaps it was getting ready to make a significant...
USD/JPY rose slightly during the Wednesday session, but gave back all of those gains by the close. The pair is currently sitting at the bottom of a recent consolidation area, and the Bank of Japan is always...
EUR/USD fell on Wednesday as the pair continued its recent downward momentum. However, the pair did get a bit of a bounce in the later part of the trading day as the 1.27 level offered a bit...
The U.S. dollar fell against the background of positive dynamics in the European, Asian and U.S. stock markets.
The Dollar Index traded sideways for most of the day; the US Dollar closed marginally strong against the Euro whereas closed flat against other majors. The medium trend is bullish till 80.00 ranges are holding on weekly...
Riskier currencies like the euro saw mild gains in trading on Tuesday, as investors eagerly await euro-zone news set to be released on Thursday and Friday. Debt auctions from Italy and Spain, as well as the European...
USD/CAD fell during the Tuesday session as the “risk on” trade had a little bit of help for the day. The 1.01 level below still looks very supportive at the moment, and as a result we are...
