The AUD/USD pair had a back-and-forth session on Tuesday as the daily candle ended up being very neutral. The pair does look anemic at this point in time, and a move to the 1.03 level looks to...
The USD/CAD pair fell during the session on Tuesday, but managed to bounce in order to form a fairly impressive hammer just below the 0.99 level. The hammer does suggest for the second time within the last...
The US Dollar slipped of yesterday’s European session highs to close weak, 81.00-81.20 is posting as support; daily close below 81.00 would lead to further depreciation in the USD across the board. Yesterday the benchmark equity index...
The Australian dollar sustained losses against the Japanese yen in the previous Asian trading exchanges as concerns over the global economy continue to dominate the markets, resulting to a decline in commodities.
The sudden spike up today has undone predictions of further downside. If it pierces above the 1.2561 highs then it will probably extend up to the 100-day MA at 1.2604. Another alternative is some range-bound activity, and...
Cable has reached a critical support level. It has fallen back down to the upper boundary of the triangle out of which it broke several days ago. The 100-day MA is at the same level also offering...
The markets seemed to have disregarded the German Ifo Business Climate report as the Euro still managed to edge higher over the US dollar in the previous European trades, despite posting a fourth straight decline in August...
EUR/USD attempted to rally during the Monday session, but fell in order to form a shooting star that is sitting just at the 1.25 handle. Looking at this chart, it does in fact look like the downward...
The USD/JPY pair had a very quiet session on Monday, in order to form a very neutral candle. We are sitting on top of support though, and as such it looks like a break to the upside...
The GBP/USD pair attempted to rally during the Monday session, but fell off and managed to break down well below the 1.58 level. This is a very bearish sign as the day is closing out the session...
