The EUR/USD pair fell during the session on Thursday as the European Central Bank cut rates unexpectedly. The market actually plunged all the way down to the 1.33 handle, where got a significant bounce and we have...
The AUD/USD pair fell during the session on Thursday, raking back down below the 0.95 handle. However, we did find support at 0.9450 level again, so therefore we feel that this market is simply consolidating.
NZD/JPY is about halfway through in climbing to the top of its range on the 4-hour time frame. The pair is approaching the 83.50 minor psychological level, which could hold as resistance.
The USD/JPY pair went back and forth during the session on Wednesday, but as you can see remains stuck just underneath the 99 handle. The Bank of Japan will continue to try and alleviate the pressure on...
The USD/CAD pair fell during the session on Wednesday, but remains above the 1.04 handle which of course is very supportive. That being the case, we feel that this market more than likely will bounce, and it...
The GBP/USD pair rose during the session on Wednesday, but fell back from the 1.6150 region to form a shooting star. The shooting star of course is very signal, but we do not think that this market...
The EUR/USD pair rose during the session on Wednesday, breaking the top of the two hammers from the Monday and Tuesday session. This of course is a very bullish sign, and as a result we think that...
The AUD/USD pair went higher during the session on Wednesday, but as you can see still remains right around the 0.95 handle. It would not surprise us at all if this market decided to stay in this...
On Friday we will get the non-farm payroll report for the month of October. Traders will anticipate this report as it will not only give an insight on the labor market, but could also provide more clarity...
GBP/USD bounced off the established support level around 1.5950 in yesterday’s trading, as the UK printed a better than expected services PMI figure. The pair was also able to break above the 1.6000 major psychological level then...
