Following a relatively mild day in the marketplace yesterday, a batch of US news is forecasted to generate volatility today. The US Building Permits figure, set to be released at 12:30 GMT, is forecasted to come in...
The USD/CAD pair fell during the Monday session as the oil markets gained for the day. The pair has run below the 0.99 support level, but has many more to worry about as well. The 0.99, 0.98,...
The AUD/USD pair has been enjoying a massive rally over the last several months, built mainly on the differential in interest rates between the two currencies. The pair will often rise with the world’s stock markets, and...
Market review for 12 – 16.03, 2012
The US dollar reversed some of its recent gains to close out the week on Friday, following the release of a disappointing US Core CPI figure. The figure, which came in at 0.1%, led to investor doubts...
The USD/CAD pair fell ever so slightly during the Friday session as the oil markets rose just a bit. The market for this pair is highly congested, and as such a difficult one to trade at this...
The AUD/USD pair rose again on Friday to break above the Thursday highs we said would be our buy signal. The Aussie has enjoyed a lot of strength over the last several months, and this latest pullback...
The USD/CHF pair fell again during the Friday session as the Dollar was sold off in general. The pair looks set to fall down to the 0.91 level as support. The pair looks bullish overall for us,...
The GBP/USD pair shot straight up during the Friday session, and through the 1.58 resistance level. The pair should be running into fairly heavy resistance at these levels, so we are looking to sell this pair between...
The USD/JPY pair continued to stall at current levels during the Friday session, even as the market looks fairly parabolic. The pair continues to get a boost from the Bank of Japan and its bond buyback program...