The GBP/USD currency pair had a horrible day on Monday as the market closed down towards the bottom of the range. However, we do see the 1.60 level just below as being very supportive. In fact, the...
The AUD/USD pair rose during the session on Monday in an attempt to get back above the 1.02 level. Interestingly enough however, we did fail at that level and form something that looks I can do a...
The USD/CAD pair fell a bit during the session on Monday as the 0.98 continues to be the focus of all things in this market. The oil markets went back and forth between wins and losses, and...
The US Dollar traded flat against most of the FX majors except against the Cable wherein the Pound has lost by more than 100 pips yesterday. The benchmark equity index (.DJIA) is currently trading flat at 13594...
COT (Commitment of Traders) COT Report, 02 October 2012. Commodity currency longs reduced some of their longs versus the USD in the latest reporting period.
The US dollar took losses against several of its main currency rivals on Friday, following the release of this month’s Non-Farm Payrolls report and unemployment rate.
USD/JPY had a wild session during the Friday trading day after the nonfarm payroll numbers. This is typical for a nonfarm payroll Friday, and as such it really shouldn’t come as much of a surprise.
The USD/CAD pair fell during most of the session on Friday as the Canadian jobs number was outstanding. However, by the end of the session we got quite a bit of a bounce and formed a hammer...
The GBP/USD pair fell on the session Friday as the “risk off” trade came back into play. We still are very bullish of the British pound against the US dollar, and think that as long as we...
EUR/USD rose for most of the session on Friday after the better-than-expected nonfarm payroll numbers in America, but gave back much of the gains by the end of the session.
