The EUR/USD pair rose during the session on Friday as the Euro continues to gain. Overall, the currency looks very strong at the moment, and it appears that we are heading towards the 1.3150 level before it’s...
The AUD/USD pair rose during the session on Friday as the 1.04 level continues to act as a magnet to price.
The euro saw gains against virtually all of its main currency rivals yesterday, as the combination of positive Chinese, French and German data boosted confidence in the global economic recovery and encouraged risk taking among investors.
The Japanese yen came under pressure in the previous Asian trading exchanges on growing speculations that a potential change in the Japanese administration would force the Bank of Japan (BOJ) to implement more aggressive economic measures to...
The USD/JPY pair attempted to rally during the session on Thursday, but met significant resistance at the 82.50 level. In fact, the resulting failure formed a shooting star at the end of the day, in this now...
The USD/CAD pair rose slightly during the Thursday session as Americans took the day off for Thanksgiving. Typically this market will move most in the North American session, and as such we ended up having a very...
The GBP/USD pair fell during the session on Thursday as the market would have only been liquid for two of the three sessions. The Americans had Thanksgiving holiday in mind, so of course the liquidity during that...
The EUR/USD pair rose slightly during the Thursday session as the market looks ready to reenter the consolidation area between 1.28 and 1.3150 over the next couple of weeks.
The AUD/USD currency pair fell during the session originally, but found support as we formed yet another hammer just below the 1.04 level. This market looks like it’s trying to grind higher, and as such we are...
Investors initially sold the Euro after the European finance ministers failed to reach an agreement over a Greek program to trim down Greece’s debt.
