The USD/JPY pair fell during the session on Tuesday, and tested the 93 handle. However, we think that this pullback is more than likely just going to be the start of another buying opportunity, as we believe...
The USD/CAD pair initially rose during the session on Tuesday, but found the 1.01 area far too resistive, and turned around and started selling off. At the end of the session, we are essentially at the parity...
The GBP/USD pair fell significantly during the session on Tuesday, but bounced quite a bit in order to form a beautiful looking hammer. In fact, this looks like we could be starting to form a bit of...
EUR/USD fell during the session on Tuesday originally, but found enough support in order to bounce back in over the 1.3450 level. At the end of the session, that is roughly where we are trying to close,...
The AUD/USD pair fell initially during the session on Tuesday, but bounced enough in order to reach the 1.03 level by the end of the day. This move formed a big of supportive candle, and it appears...
Market Commentary The Dollar Index (DX) finds resistance at intermediate resistance of 80.50 ranges on the event of most of the asset classes finding stability. Though next leg of Dollar weakness is expected only on DX consistently...
CFTC Commitment of Traders (COT) Report, published 08 February 2013. There was a minor increase in the aggregate USD short position to 90,233 contracts from 79,353 contracts in the previous reporting period. There were a number of...
The USD/JPY pair had another strong showing on Monday as we managed to break to new highs. Now that we are well above the 94 handle, we have to assume that the 95 handle is next, and...
The USD/CAD pair shot straight up during the session on Monday, but lost most of the gains in order to close right around the 1.0050 level. This significant give back formed a shooting star for the session,...
The GBP/USD pair looks absolutely horrible as the pair collapsed on Monday. We’re closing towards the bottom of the candle, and this almost always means that weakness will continue.
