The USD/CAD pair got hit very hard during the session on Friday as the nonfarm payroll numbers came out weaker than anticipated. On top of that, Canadian employment numbers came out stronger than anticipated, so this of...
The GBP/USD pair tried to rally during the session on Friday, and although it did keep some of the gains you can see that it gave back quite a bit of the gains later in the day....
The EUR/USD pair had a positive session on Friday, as the market went back in the Euro’s favor after a poor jobs number out United States. This is more or less a move suggesting that the Federal...
The AUD/USD pair rose during the session on Friday, breaking above the 0.92 level at one point in time. This shows strength, but there is a certain amount of bearishness left in this pair as we approach...
EUR/USD made new 4-month lows yesterday, as ECB head Draghi confirmed that policymakers discussed the idea of lower interest rates. Meanwhile, the US printed a strong ISM non-manufacturing PMI reading, which extended the Greenback’s rally.
The USD/JPY pair initially fell during the session on Wednesday, but as you can see bounced enough to form a bit of a hammer. This is the second day in a row that we see a bit...
The USD/CAD pair fell during the session on Wednesday as you can see, testing the 1.05 handle significantly. However, this is an area that brings in a bit of support, as does the area all the way...
The GBP/USD pair rose during the session on Wednesday, breaking the top of the shooting star that had been formed on Tuesday. We have been saying for a while now that we think this market is going...
The EUR/USD pair rose during the session on Wednesday, showing that perhaps the hammer that printed on Tuesday is in fact supportive. Now that we are starting to get above the 1.32 level again, it appears that...
The AUD/USD pair shot straight up during the session on Wednesday, as you can see breaking well above a significant amount of resistance at the 0.9050 level. However, there still significant resistance of the 0.92 handle, and...
