The AUD/USD pair rose during the session on Thursday, pounding into the 1.04 resistance level. We closed right at that level, and as such it appears that the jobs number coming of the United States later today...
Dollar Index traded weak after hitting the short term resistance of 80.40. The Dollar Index is currently trading flat at 80.02 ranges, near to the upper range of the range bound pattern observed since couple of weeks;...
The euro was able to extend its recent bullish momentum during the first part of the day yesterday, as positive EU economic indicators continued to generate investor risk taking.
The USD/JPY pair continued to bounce around during the session on Wednesday as the market struggles to get above the 80 handle. The pair will more than likely be quiet over the next day or so as...
The USD/CAD pair fell during most of the session on Wednesday, but bounced off of the 200 day moving average in order to form a hammer right at parity. This is a confluence of several different things...
The GBP/USD pair rose strongly during the session on Wednesday as the bulls continue to take over. This market has been a favorite of ours, and we continue to hold long positions at it. It appears that...
The EUR/USD pair rallied during most of the session on Wednesday, but failed at the 1.30 level again. The resulting action formed a shooting star for the day, and this of course looks very weak. As you...
The AUD/USD pair rose during the session on Wednesday, smashing into the 1.04 level and being repelled by the sellers. This resistance area pushed price down enough to form a shooting star again, but it should be...