The GBP/USD pair fell during the session on Thursday, closing below the recent range that has been focused on the 1.55 level. The market appears to be bearish at the moment, but the longer-term action has been...
The EUR/USD pair fell during the session on Thursday, as we had been near the top of the range that the market is currently stuck in. It also see that the 1.30 level offered enough support to...
The AUD/USD pair fell during the session on Thursday, after initially trying to rally. The fact that we have close below the 1.01 handle now houses very bearish on the Australian dollar, as this was significant support.
After several failed attempts in the past few months, AUD/USD finally made a convincing break below the 1.0200 major psychological level in yesterday’s trading.
NZD/USD just broke below the .8500 major psychological support level recently, mostly because of the downturn in risk appetite. The recent speech by RBNZ Governor Graeme Wheeler also revealed that the central bank actually secretly intervened in...
The USD/JPY pair had a slightly positive session on Wednesday, but in the end essentially did nothing. We continue to hover around the 99 handle, and as a result there isn’t much to trade in this market...
The USD/CAD pair fell during the session on Wednesday, but remains above the parity level. The pair did get a little bit of a bounce later in the session, although it did not bounce enough to form...
The GBP/USD pair rallied during the session on Wednesday, but as you can see found for what the 1.56 level yet again. Because of the pullback, it’s obvious that we are still within the recent consolidation area,...
The EUR/USD pair had a strong showing during the session on Wednesday, but most importantly could not break above the 1.32 resistance level that has contained the pair for some time now.
The AUD/USD pair initially rallied during the session on Wednesday, but as you can see the 1.02 level did offer enough resistance in order to form a shooting star. This shooting star is at the bottom of...
