USD/JPY fell during the Thursday session as the shooting star we pointed out from Wednesday got triggered to the downside. The pair is decidedly bearish overall, and the recent consolidation area had absolutely no reason to break...
After the US Dollar lost across the board on the event of no change in the interest rate, most of the appreciated as result, currently the Green back is trading sideways. The medium trend is bullish till...
The Bank of Japan lowered the forecast of the economic growth for next year
EUR/USD rose overall during the Tuesday session as the pair initially fell in trading. The market fell to sub-1.30 level, and then turned around as support came back into the fold at the area. However, the area...
GBP/USD initially fell for the session on Tuesday, but found its footing later on and rose overall. The resulting candle is shaped much like a hammer, and is sitting just above the 1.55 level.
USD/JPY shot straight up during the Tuesday session as traders took on a bit more risk in the Yen related markets. The pair is still in a massive downtrend, and the area it slammed into for the...
The euro turned bearish once again in trading yesterday, as investors continued to revert back to safe-haven currencies following the rejection of Greece’s debt swap deal.
USD/CHF rose slightly in an otherwise quiet session on Tuesday. The pair is currently sitting on a massive support area in the form of the 0.92 – 0.93 handles. The candle for the session resulted in a...
USD/CAD rose during the session originally as the oil markets fell for the day. However, as time wore on, the pair gave up most of its gains, and the resulting candle is a shooting star at the...
AUD/USD fell for the Tuesday session, but managed to bounce from the 1.04 level, confirming former resistance as support. This level was the top of a triangle we have been watching lately, and the retesting of it...
