The GBP/USD pair rose during the session on Tuesday, but failed to hang onto much of the gains for the session. The resulting candlestick looks a bit like a shooting star, and as a result it looks...
The USD/JPY pair rose for the session as the 80 level is perhaps influencing the market from just below. The 80 handle is without a doubt the most important level in the immediate area, and as long...
After a back and forth session on Tuesday, one thing can be said: The EUR/USD pair has been one that has caused quite a few headaches for many traders lately. After all, the European debt situation isn’t...
The USD/CAD pair rose during the session on Monday, poking through the parity level in order to challenge the 200 day EMA as well. This is an area that the pair has found resistive lately, and the...
The AUD/USD pair found itself slightly higher at the end of the Monday session as the pair simply bounced around for most of the session. The 200 day EMA is just above continues to pressure the Aussie...
The GBP/USD pair rose rapidly during the session on Monday as the 200 day moving average continued to offer support in this pair. The 1.58 level looks like the area we need to break below in order...
The USD/JPY pair fell during the Monday session as the Dollar got beaten up overall. However, the pair is starting to come close to several areas that could offer quite a bit of support, and as a...
The EUR/USD found the 1.30 level supportive yet again on Monday. The pair bounced hard, and finished the session above the 1.31 level as the support was so strong. However, the pair certainly cannot be bought in...
The euro extended its bearish trend against virtually all of its main currency rivals during yesterday’s trading session, as investor fears regarding Spanish debt led to risk aversion in the marketplace.
Investor concerns regarding Spanish debt led to an increase in risk aversion on Friday, and caused the euro to tumble vs. its main currency rivals. Furthermore, news that the Chinese economy grew at a slower than expected...
