USD/CHF rose during the session on Tuesday as it has been doing lately. The pair has seen a lot of strong buying come into the market since bouncing from the 61.8% Fibonacci level, and the pair looks...
The GBP/USD pair fell hard on Tuesday as the “risk off” trade came back into play. There is serious concern about whether or not there will be enough participation in the “voluntary” debt write downs by bondholders...
USD/JPY fell during the session on Tuesday as the “risk off” trade came back due to Greek fears, and the news that several economies are reporting a slowdown in such places as Europe, China, and Brazil. With...
The EUR/USD fell again on Tuesday as the markets continue to worry about bond holders participation in “voluntary” haircuts in Greek bonds. If there isn’t enough participation,
Ongoing concerns regarding the Greek debt swap later this week, weighed down on the euro throughout yesterday’s trading session. Risk aversion kept the EUR/USD close to the 1.3200 level, while the EUR/JPY dropped some 100 pips before...
The EUR/USD pair rose slightly during the Monday session as the selloff that we saw last week took a bit of a breather. The area that the pair sits in at the moment is the start of...
The USD/CAD pair rose on Monday as the price of oil sat fairly still. The market is now entering the recent consolidation area of 0.99 to 1.0050 or so. This should offer a bit of resistance, but...
The AUD/USD pair fell during the Monday session as the consolidation in this market continued. The 1.08 level has continued to show real strength as a resistive level, and the 1.06 level has been very supportive at...
The USD/CHF pair fell a bit during the Monday session, after skyrocketing the couple of sessions before that. The 0.91 level has been broken above and we think this area should offer at least some support, all...
GBP/USD rose after first falling on Monday. The 1.58 level acted yet again, this time as support. The pair does look fairly healthy, and the fact that the 1.58 is now acting as support instead of resistance...
