The AUD/USD pair rose during the Friday session, as risk appetite increased during the Friday session. The pair has been struggling lately, but this previous week’s bearishness has been all recovered due to the Friday move.
The USD/CAD pair fell hard on the Friday session, as the risk appetite improved around the world. However, we are sitting just at the support level, and as such we think that a move further might be...
The GBP/JPY pair has decisively broken down out of a flag pattern on the daily chart. After reaching the 122.03 lows yesterday it has rebounded, however, it will probably resume its down-trend soon until it fulfils its...
Market review for 12.07.12: The Bank of Japan unexpectedly extended the size of its fund for purchasing the assets.
The GBP/USD pair has been forming a large triangle on the weekly chart which now looks close to completion. The exchange rate has broken partially below the lower triangle line, closing outside it yesterday. If it continues...
The EUR/USD pair is still falling although it has found some support on the daily chart from the lower line of a down-sloping wedge. It is possible that it could bounce from this level although there is...
The US dollar climbed to a fresh two-year high against the euro yesterday, as investor pessimism in the euro-zone economic recovery combined with a better than expected US Unemployment Claims figure helped boost the greenback.
The USD/JPY pair fell during the Thursday session as the tone was pretty soft for risk-based assets around the world. As this pair will follow the risk appetite in general, it’s not a surprise that it fell.
The USD/CAD pair had a fairly volatile session on Thursday as it initially rose, only to fall back and form a shooting star. The pair is sitting on top of support at the 1.0150 level, and as...
The GBP/USD pair fell during most of the Thursday session in order to break down below recent support. The 1.55 level has been taken out at this point, and it does suggest to us that this pair...
