The GBP/USD pair shot straight up during the session on Wednesday as the market even managed to break above the 1.5 for resistance level. Because of this, we believe that the British pound will continue higher, and...
The EUR/USD pair rose during the session on Wednesday, but as you can see gave back quite a bit of the gains. In truth though, this was a relatively small range and as a result we can...
The AUD/USD pair fell rather hard during the session on Wednesday, breaking down to fresh new lows at one point during the session.
Margin accounts enable investors to use a small amount of money to deal in larger volumes. Using a margin account means that a trader essentially borrows funds to further increase the possibility of a higher return on...
The uptrend of CAD/JPY still seems to be intact as the pair is testing the bottom of the ascending channel on the 4-hour time frame. This area is also around the 96.00 major psychological support.
The USD/JPY pair went back and forth during the session on Tuesday, hovering around the 100 handle. A lot of this lease predicated upon the fact that the Japanese prime minister speaks this morning, and as a...
The USD/CAD pair rose during the session on Tuesday, showing that the 1.03 level continues offer support in this market. We believe that eventually this market will breakout to the upside, and that the 1.04 level will...
The GBP/USD pair fell during the session on Tuesday, but as you can see bounced enough in order to form a hammer. You are clearly above the 1.5250 level now, and as a result it looks like...
The EUR/USD pair went back and forth during the session on Tuesday, but as you can see formed a relatively neutral candle. What’s interesting about this is the fact that it is after a significant breakout, in...
The AUD/USD pair fell significantly during the session on Tuesday, but as you can see the 0.9650 level has offered support again. This area has been very supportive recently, and it is important from a longer-term perspective...
