The EUR/USD pair rose slightly during the Monday session as the volume simply wasn’t there. The Labor Day holiday in the United States Volumes to a minimum, and as such the day could almost be written off....
The USD/JPY pair had a fairly quiet session during the Labor Day holiday in the United States on Monday. The pair currently sits within the band of support that we have been paying attention to between 78...
The GBP/USD pair had another bullish session on Monday as traders continue to push the value of the British pound higher. This is a simple yield differential play at this point in time, as the Bank of...
The AUD/USD pair fell during the session on Monday, but did bounce in order to get back some of its losses. The candle for the day formed a pseudo-hammer, and is based around the 1.0250 level. There...
The USD/CAD pair fell slightly during a light volume holiday session on Monday. While the Europeans were trading for the session, the Americans were away for the Labor Day holiday.
The euro was able to largely maintain its recent gains yesterday, as a lack of significant news resulted in a low liquidity environment in the marketplace. That being said, the Australian dollar fell to new six-week lows...
The EUR/GBP pair has continued rising higher and re-touched the June highs. Whilst it has broken out of a channel it is still encompassed by the broader down-trend. The wave formation higher appears complete with the final...
Gold has broken through a major trend-line and rallied strongly. The next few days will be crucial in establishing the new trend higher. I see 1722 as an initial target, where there is resistance from a clustering...
Eurodollar is stuck in a range. There is the possibility of a breakout higher and a move to the top of the channel at 1.2670ish, however the 100-day MA is resisting further gains, and a decisive move...
In the previous European trading session, the Euro gained versus the British pound aided by expectations that the European Central Bank would reveal clear steps in addressing the debt crisis at its policy meeting to be held...
