The EUR/USD pair had a negative session on Thursday, testing the 1.3750 level as support. The 1.38 level above has acted as resistance, so a pullback could be coming. Nonetheless, we think that is simply going to...
The AUD/USD pair initially rallied slightly on Thursday, but fell hard below the 0.90 level in order to signal that we are going much lower. This support area didn’t hold at all, and as a result we...
NZD/USD has been trading in a downtrend for the past few weeks but it appears that the pair is ready to break out. Earlier today, the RBNZ had its monetary policy statement and decided to keep interest...
The USD/JPY pair fell during the bulk of the session on Wednesday, but found the 102 level be supportive enough to cause a slight bounce at the end of the session. We are still well within the...
The USD/CAD pair fell during the session after initially going higher on Tuesday, breaking below the 1.06 handle. However, we feel that there is a lot of support below, even as low as 1.05 handle, and as...
The GBP/USD pair fell hard during the session on Wednesday, but found the 1.6350 level be supportive yet again. Because of this, we feel that the British pound is essentially “on sale”, and as a result would...
The AUD/USD pair fell hard during the session on Wednesday, closing at the very lows of the range. We still see significant support in the neighborhood of 0.90, so it’s a bit difficult to short in this...
The US Federal Reserve will meet this month on December 17th through December 18th for their last FOMC meeting of 2013 and the last one chaired by Ben Bernanke. Plenty of traders will look forward to the...
GBP/JPY might be on its way to resume its climb, now that price has made higher lows while stochastic drew lower lows. The support at the pair’s previous week highs around 169.00 seems to be holding well.
The USD/JPY pair fell during the session on Tuesday, but as you can see bounced a little bit towards the end of the day. We have now filled the gap from the weekend completely, and as a...
