The EUR/USD pair went back and forth during the session on Tuesday, essentially forming a hammer at the end of the day. The hammer sits on the 1.29 level at the moment, so this does suggest that...
The AUD/USD pair went back and forth during the session on Tuesday, eventually forming a hammer. The hammer is focused around the 0.98 handle, and as a result we think that this pair will more than likely...
EUR/USD seems to be rebounding from its recent lows nicely as the pair is edged back abve the 1.2900 major psychological level. It’s just a few more pips away from the 38.2% Fibonacci retracement level, which could...
The dollar seems to have retreated from its rallies at the start of this week, as traders may have booked profits off key inflection points for the major pairs. USD/CAD, in particular, has found resistance at the...
The USD/JPY pair had a negative session on Monday, falling down to the 102 handle. However, that area did hold and we suspect that there is a significant amount of support in the general vicinity.
The USD/CAD pair fell during the session on Monday, as the 1.03 level offered resistance again. The candle does look rather negative, but it did not wipe out the gains from the Friday session, meaning that we...
The GBP/USD pair had a positive showing on Monday, breaking above the 1.5250 level at one point during the session. You can see that the market is hovering right around that area, but quite frankly we suspect...
The EUR/USD pair had a fairly strong showing during the session on Monday, as we bounced from the 1.28 support region. Because of this, we may see a bit of strength in the Euro going forward, but...
The AUD/USD pair rose during the session on Monday, to break above the 0.98 handle. However, this market has been sold off so drastically that we are very hesitant to buy the Australian dollar right now.
With equities rallying, will the USD lose its position as the “safe haven” of choice?
