The USD/CAD pair fell during the session on Friday, after first gaining. The better-than-expected nonfarm payroll number out of the United States of course gave steam for this breakdown, as the Canadian dollar tends to do well...
GBP/USD went back and forth during the session on Friday, testing the 1.55 level for support and proving it to be so. The 1.56 level offered resistance again, and as a result it looks like we are...
The EUR/USD pair went back and forth during the session as you would expect on a nonfarm payroll Friday, it ended the day slightly positive. The market did close above the 1.31 handle, and in and of...
The AUD/USD pair rose during the session on Friday, showing extreme strength after forming a hammer on Thursday. The Australian dollar did follow its New Zealand cousin, and as a result it appears that the commodity currencies...
The USD/JPY pair had a positive showing on Thursday, as we bounced off of the 97 handle again. This area has been reasonable support lately, and as a result this bounce doesn’t overly surprise us.
The USD/CAD pair rose during the session on Thursday, breaking above the 1.01 handle again. This essentially violated the top of the shooting star from the session on Wednesday, so this simply shows more confusion. This area...
The GBP/USD pair fell during the session on Thursday, but found enough support at the 1.55 level in order to become somewhat supportive looking. This market looks like it wants to go higher, but it will be...
The EUR/USD pair fell significantly during the session on Thursday after the rate cut coming out of the European Central Bank. Looking at this, you can see that the shooting star on Wednesday signaled that we could...
The AUD/USD pair fell during the session on Thursday, but as you can see the 1.02 Regent continues to offer support. The bounce during the end of the session wasn’t exactly strong, but it was enough to...
Sterling and Euro rally on May Day Holiday – but for how long?
