The USD/CAD pair went back and forth during the session on Wednesday, eventually settling on a fairly neutral candle. The range was somewhat wide, but the body of the candle suggests there is no real conviction at...
The USD/JPY pair rose during the session on Wednesday, continuing the move higher from the last few sessions. The pair should continue to be influenced by the headlines coming out of the Federal Reserve, as well as...
The GBP/USD pair fell during the session on Wednesday, slamming into the 1.60 handle again. The area has been supportive time and time again, and as a result we have seen a bounce yet again.
The EUR/USD pair went back and forth on Wednesday as the markets still continue to look relatively confused. This is mainly because we don’t know when the Federal Reserve is likely to taper off of quantitative easing,...
The AUD/USD pair went back and forth on Wednesday, closing below the 0.95 level. The market is well supported below this area, and the buyers should step into the markets and start going higher.
GBP/USD’s recent rallies seem to be over as the pair ranged between the 1.6200 handle and the 1.6000 area in the past few weeks. In fact, a reversal chart pattern can be seen on the daily time...
All traders should watch out for a spike in volatility across global financial markets. The spike should ignite during the Asian session, intensify at the start of the European session and get an additional boost during the...
Risk aversion has been keeping the franc’s gains at bay, as USD/CHF recently bounced off the .8900 major psychological support. Perhaps franc bulls are waiting for more buying momentum before pushing this pair lower.
The USD/JPY pair rose during the session on Tuesday, showing that the market continues to have a little bit of a bid in it at lower levels. The question of course then becomes whether or not the...
The USD/CAD pair initially fell during the session on Tuesday, but bounced enough to form a positive candle, and broke to a fresh new high. Because of this, we do believe that this pair is going to...
