The AUD/USD pair shot straight up during the Thursday session and towards the end of the day was burning a breakout of the 1.06 resistance level. If we can get above this level, we fully expect to...
Technical analysis can help you forecast the future directional movements of price by studying the historical data records of any asset of interest. Fundamentally, your primary objective is to attain a good understanding of their prior trading...
Higher-yielding assets took losses throughout the European session yesterday, following a disappointing German Industrial Production figure that led to fresh concerns regarding the pace of the euro-zone economic recovery.
The Euro is seen to gain opposite the British pound today as the European Central Bank is expected to keep interest rates on hold at a record low 0.75 percent as the Euro Zone economy shows some...
The USD/JPY pair had a very strong session during the Wednesday trading hours as the market climbed yet again. In fact, we broke above the top of the shooting star that was formed on Tuesday that should...
The USD/CAD pair initially fell during the session on Wednesday, but rose towards the end of the day in order to form a slightly green candle. This market looks very sideways, and in fact we feel that...
The GBP/USD pair fell during the session again on Wednesday as the bearish pressure continues. However, the 1.60 level has offered support yet again and although we pierced it, we could not sustain that move.
The EUR/USD pair fell for much of the session on Wednesday, but as you can see towards the end of the day we got a bit of a bounce in order to form a hammer. With even...
The AUD/USD pair was fairly volatile during the Wednesday session as we continue to bounce around just above the 1.05 level. However, the markets essentially finish the day unchanged, and all things considered it was a bit...
The skirmish between the commodity dollars today is set to direct the Canadian dollar above its Australian counterpart after the Land Down Under posted an unexpected decline in retail sales performance.
