The USD/JPY pair fell during the Friday session, but as you can see did not clear the bottom of the hammer from Thursday, showing that there is at least some support in the form of 96. However,...
The USD/CAD pair fell during the session on Friday, but as you can see we are still in the middle of a bunch of support. This pair will be choppy, and quite frankly we would not be...
The GBP/USD pair did very little on the Friday session, as we sit just above the 1.55 handle. This area of course is a significant round number, so of course we are not surprised see some type...
The EUR/USD pair fell during the session on Friday, completing a bounce off of the downtrend line that is the top of the descending triangle that we have been in. That being the case, we feel that...
The AUD/USD pair rose during the session on Friday, heading towards the 0.93 handle. That being the case, we feel that this market will more than likely try and find resistance in that general vicinity.
USD The U.S. dollar weakened against most of its counterparts in yesterday’s trading, as risk appetite continued to stay in the markets. EUR/USD climbed above the 1.3300 handle while GBP/USD reached 1.5500.
USD/JPY just broke below a key support level, as dollar weakness continued to dominate price action in yesterday’s trading. After that strong drop though, USD/JPY might retrace for a bit before heading any lower.
The USD/JPY pair fell during the session on Wednesday, heading towards the 96.50 handle. However, you can see that there is a significant way to go to hit the 95 handle, the area that we think is...
The USD/CAD pair rose above the 1.04 handle during the session on Wednesday, but as you can see stopped at the 1.0450 level. That being said, the market does look strong, but until we get a daily...
The GBP/USD pair went back and forth during the session on Wednesday, as you can see slicing through a couple different areas. However, we start today just under the 1.55 handle, so it’s easy to understand that...
