USD/JPY has been stalling around the 99.50 minor psychological area for the past few days already, suggesting that yen bears may be running out of steam. After all, the pair has climbed by more than 600 pips...
The USD/JPY pair fell initially during the session on Thursday, but as a close the 99 handle, buyers stepped back into the marketplace and started to bid the price back up again. In fact, at one point...
The USD/CAD pair fell during the session on Thursday and even managed to pierce below the 1.01 support level. The 1.01 support level was an area that we set must remain intact in order for us to...
The GBP/USD pair had a positive session on Thursday, breaking above the 1.5350 area cleanly, and looking very much like a currency that is trying to head back to the next resistance area at the 1.55 handle.
The EUR/USD pair had a positive session on Thursday, but as you will notice on the chart managed to struggle once it got above the 1.31 handle. We had mentioned recently that this level could be trouble...
The AUD/USD pair had a back and forth wild session on Thursday, as we were both very bullish, and then very bearish. Looking at the charts, you can see that we failed to crack above the 1.06...
AUD/USD suffered a quick selloff during today’s early Asian session when Australia printed weaker than expected jobs data. The actual report showed a 36.1K drop in hiring, worse than the estimated 6.1K decrease, bringing the jobless rate...
The USD/JPY pair rose during the session on Wednesday, testing the 100 handle yet again. As we close towards the top of the day’s range, we cannot help but think that the 100 level gets broken sometime...
The USD/CAD pair fell slightly during the session on Wednesday as we continue to meander around between the 1.01 handle, and the 1.02 level. With that being the case, this market really isn’t worth been bothered with...
The GBP/USD pair went back and forth during the session on Wednesday, essentially going nowhere. We think this is a relatively bullish sign though, as the market simply has broken out above the resistance recently, and now...
