The EUR/USD pair fell hard during the session on Monday as the result of the Greek election only provided a short-term boost to the currency. It is becoming obvious to market participants that there are many other...
The USD/JPY pair did very little during the session on Friday as the markets are stuck between the 78 and 80 levels. The market is still a “buy only” for us, and because of this we are...
The GBP/USD fell for most of the session on Monday, only to bounce again. The candle isn’t quite a hammer, but suggests the same thing – that there are people willing to step in and buy the...
The AUD/USD pair fell for most of the session on Monday, only to turn around and bounce hard to form a hammer. The market is currently hanging around the 1.02 level and the 61.8% Fibonacci level as...
The USD/CAD pair rose during the session on Monday, filling the gap and more from the Monday open. The candle looks a bit odd though, as the top of it is now a nice wick. This means...
Market review for 11-15.06.2012
The euro saw gains across the board on Friday, as investors were confident that whatever the outcome of the Greek election being held over the weekend, the international community would actively work to support the euro-zone. The...
The second Greek election, Sunday the 17th of June, has been portrayed as a referendum on the Greek membership in the euro. The election results will remain unknown until after the polls close today, and even polls...
USDCAD is now in downtrend from 1.0445. Further decline would likely be seen next week, and next target would be at 1.0000 area. Resistance levels are at 1.0325 and 1.0445, only break above these levels could trigger...
USDCHF breaks below 0.9500 key support, suggesting that a cycle top has been formed at 0.9769 on daily chart, and the upward movement from 0.9043 has completed. Deeper decline could be expected next week, and next target...
