The AUD/USD pair returned to the 0.9400 level today mainly due to the weakened greenback. Read more >>
The AUD/USD pair is heading towards a steady slide in today’s Asian session ahead of RBA Deputy Governor Philip Lowe’s speech, and a number of releases in the United States later today. Read more >>
China’s HSBC Manufacturing PMI in June came out better than expected, which helped boost the AUD/USD early in today’s trading. Read more >>
The market is currently on a look and see mode as it awaits the BoE and FOMC events that will happen later today. Read more >>
The AUD/USD pair is trading on a positive note in today’s Asian session on the back of positive data that came out of Australia and China. Read more >>
The AUD/USD and USD/JPY were winners in today’s Asian session, partly due to the weak greenback. Read more >>
Positive economic data helped lift the USD/JPY pair to the 102.00 level in yesterday’s session, but held on to it only briefly. Read more >>
The AUD/USD pair had a fairly good performance during today’s Asian session as it finally showed signs of recovery. Read more >>
The AUD/USD pair has received a much-needed respite today after the release of the Chinese HSBC Manufacturing PMI in May. Read more >>
The USD/JPY pair spiked briefly prior to the announcement of the Bank of Japan’s (BoJ) interest rate decision, which temporarily halted its downward slide that began yesterday. Read more >>
The GBP/USD pair briefly tested the 1.6850 area, but failed to sustain it after the release of the United Kingdom’s mixed CPI and PPI data. Read more >>
The AUD/USD pair is off to a rough Monday as traders to continue to struggle to break through the 0.9400 level over the past several days. Read more >>
It’s been a choppy Friday for the AUD/USD pair so far, as has been the trend over the past few days. Read more >>
The AUD/USD pair broke past the 0.9400 level yesterday, but failed to sustain it as the day progressed. Read more >>
Weak retail sales by the United States in April dragged down the greenback against the aussie in yesterday’s trading. Its effects continue to be felt in today’s Asian session. Read more >>
It’s been a bumpy Monday for the USD/JPY pair today as it attempted to return to the 102.00 area. Read more >>
The market is currently on a wait and see mode ahead of Fed Chairwoman Janet Yellen’s speech later today (2PM, GMT). Read more >>
The growing tensions in Ukraine and China’s poor Manufacturing PMI led to a weaker USD/JPY pair in today’s Asian session. Read more >>
The EUR/USD pair broke past the 1.3850 again during today’s European session after the release of a number of CPI-related data in Europe. Read more >>
The AUD/USD pair regained its momentum in today’s Asian session ahead of the release of the Australian Consumer Price Index (CPI) data. Read more >>
After what seemed a very long weekend, major financial markets re-opened today, giving currencies plenty of chance for movement. Read more >>
Most of today’s financial markets are closed in observance of Good Friday. As such, no big movements in currencies are expected today. Read more >>
A number of key data from China helped lift the AUD/USD pair in today’s Asian trading. Read more >>
The AUD/USD pair began the week on a positive note, opening the Asian session at 0.9384. It then quickly tested the 0.9400 zone yet again, peaking at 0.9409. Read more >>
The USD/JPY pair is getting some respite so far today after yesterday’s massive sell-off. Meanwhile, the AUD/USD pair finally broke through the 0.9300 barrier late in yesterday’s Asian session. Read more >>
The USD/JPY pair continued to slide down in today’s Asian session ahead of the BoJ interest rate decision. Read more >>
The USD/JPY continued to slide in today’s Asian session ahead of a busy week for the pair. Meanwhile, the AUD/USD pair has once again knocked on the 0.93 area early in today’s Asian session. Read more >>
The euro fell on Thursday when European Central Bank (ECB) President Mario Draghi said that they are willing to use unconventional means in order to help raise the region’s inflation rate. Read more >>
Mixed data from Australia and China were enough to send the AUD/USD pair lower in today’s Asian session. Read more >>
It’s been a quiet yet day so far today during the Asian session, which led to a weaker aussie and yen. Read more >>
Japan posted disappointing Trade Balance figures for February today, although it did little to affect the USD/JPY pair. Read more >>
Today’s Asian session has been good to the AUD/USD pair so far after the release of the minutes of the Reserve Bank of Australia’s (RBA) meeting. Read more >>
The EUR/USD pair continued to struggle in today’s trading after European Central Bank (ECB) President Mario Draghi’s speech yesterday. Read more >>
The National Australia Bank (NAB) released Australia’s Business Confidence and Conditions during today’s Asian session, which came out lower than previous figures. Read more >>
The AUD/USD pair opened this week on a weak note due to the combination of the strong USD and the weaker-than-expected Chinese data. Read more >>
The AUD/USD pair slid under the 0.9000 zone once again after Australia posted disappointing Private Capital Expenditure (Capex) data. Read more >>
The Nikkei's positive performance earlier today helped set the tone for the USD/JPY's direction at the moment. Despite that, however, the pair is struggling to breach past the 102.50 area. Read more >>
China's HSBC Manufacturing PMI came out lower than expected earlier today, which slowed down the aussie's good run over the past two weeks. Read more >>
A flurry of activity is expected as the day progresses due to the market's anticipation of the US FOMC minutes. The minutes, which will be released at 7:00PM GMT today, will be accompanied with a number of other US events. Read more >>
China is set to release its Consumer Price and Producer Price Indices in less than an hour. Analysts don't expect it to create much on an impact particularly on the aussie as inflation isn't much of a great concern in the country at the moment. Read more >>
It has been a quiet Asian session today, primarily due to the lack of major events throughout the day. In the case of the AUD/USD pair, it has been on a slow but steady decline after a late, albeit stellar, run on Friday last week. Read more >>
Yesterday was a fairly volatile day for the EUR/USD pair as it traded from lows of 1.3500 to highs at the 1.3550 area. The pair peaked at 1.3555 late in the European session, but was quickly dragged down after the release of the US ADP Employment Change in January. Read more >>
The GBP/USD pair reached a daily high at the early part of today's European trading after the United Kingdom posted a better-than-expected PMI Construction figure for January. Read more >>
The European Union's better-than-expected Manufacturing PMI in January helped lift the euro against the greenback in today's European session. Read more >>
The AUD/USD pair is showing signs of recovery after being battered yesterday due to the weak Chinese Manufacturing PMI. Read more >>
Turkey sent shockwaves around the world as it decided to raise its lending rates to 12%. The move was primarily aimed at reviving the value of the Turkish lira, which fell by as much as 5% in January. Read more >>
Reserve Bank of Australia (RBA) board member Heather Ridout said earlier today that the aussie "hasn't fallen far enough." According to her, the fair value should be at USD0.80. Read more >>
Better-than-expected Consumer Price Index (CPI) data from Australia helped lift the aussie against the greenback in today's Asian session. Read more >>
New Zealand's better-than-expected Consumer Price Index (CPI) figures helped boost the NZD against a number of major currencies early in today's trading. Read more >>
After taking a huge beating in last week's trading, the AUD/USD pair had slight gains during today's session. The recovery was fueled by Chinese data that were released earlier today. Read more >>
The aussie continued to plummet during yesterday's trading, but had a little break in today's Asian session. Yesterday, the AUD/USD pair sank to a low of 0.8776, although it has managed to return to the 0.88 zone. Read more >>
A combination of a weak aussie and a greenback that's gaining momentum led a to a slide in the AUD/USD pair. The decline began around the middle of yesterday's session and has so far continued to this day. Read more >>
The AUD/USD pair closed on a strong note for the first time in a month during yesterday's session. The pair closed above the 0.9000 zone, a level not seen since mid-December 2013. Read more >>
The poor US Nonfarm Payrolls data rocked the market last week, which led to a weaker greenback across the board. The number came out at 74k, which was far lower than the projected 200k. Read more >>
The aussie took another nosedive against the greenback around the opening of today's Asian session. This came after disappointing Building Permits data for November. Read more >>
The greenback ended Monday's trading session weaker after the release of a lower-than-expected ISM Non-Manufacturing Data. Read more >>
The Fed finally announced that it would cut its bond purchases by $10 billion starting in December. However, Fed Chairman Ben Bernanke said that the pace would remain data-dependent. Read more >>
Positive Australian jobs data were released today, but did little to help lift the AUD/USD pair. Read more >>
The US House of Representatives finally closed the deal on the country's budget after the Republicans and Democrats reached an agreement that is meant to reduce the US budget deficit without increasing taxes. Read more >>
While the yen showed signs of strength during yesterday's trading, it weakened once again today after talks that Japan's Good would make moves to weaken the yen. Read more >>
A lower-than-expected Trade Balance data from Australia dragged the AUD/USD pair to session lows at the opening of today's trading session. Read more >>
The AUD/USD pair fell yet again despite performing positively yesterday after the RBA's interest rate statement. From trading around the 0.9035 zone yesterday, the pair fell sharply today due to disappointing Australian GDP for Q3. Read more >>
The USD/JPY pair continued to soar higher in today's trading after Japan released positive news. Its Monetary Base for November was at 52.5% over a 12-month period, higher than the projected 47.2%, and was also higher than the previous 45.8%. Read more >>
In today's news, the USD/JPY broke past the 102.50, while the AUD/USD continued to drop. Read more >>
The market was caught by surprise today when Australia showed a better-than-expected capital expenditure (Capex) data. Read more >>
The EUR/USD finished yesterday's session strong, as it was able to peak at around the 1.3570-1.3575 area. However, the pair opened slightly lower in today's session around 1.3560. Read more >>
The release of the Bank of Japan's monthly policy meeting minutes helped stop the USD/JPY's slide that began yesterday. Read more >>
While the EUR/USD ended on a positive note last week, it began sliding once again after ECB governing council member Ardo Hanson talked about negative deposit rates. Read more >>
It's been a pretty bad week for the AUD/USD pair as it continued to slide today after RBA Governor Glen Stevens’ statement on the aussie. Read more >>
The Reserve Bank of Australia (RBA) earlier released the minutes of its monetary policy meeting for November. As expected, it kept the same neutral tone it had in its past statements. Read more >>
The EUR/USD pair continued its slow and steady slide early in today’s Asian trading. This is still due to the combination of yesterday’s weak data from Europe and positive ones from the US. Read more >>
A number of important reports came out of Europe and the US today, but hardly made a dent on the performance of the EUR/USD pair. Read more >>
The United States released a series of mixed data in today's trading, which included the PPI for September, S&P/Case-Shiller Home Price Indices for August, and Consumer Confidence for October. Read more >>
The EUR/USD pair sank in today's trading after a series of disappointing PMI data was released in Europe today. The Eurozone's Marikit Manufacturing PMI for October, for example, was at 51.3, slightly lower than the expected 51.4. Read more >>
The main driver in today’s trading is likely to be the US Nonfarm Payrolls data for September. The release of the data was delayed due to the two-week impasse in the US government. Read more >>
The aussie made a massive rally against the greenback in yesterday's trading as the USD fell across the board. This helped the AUD/USD pair reach 4-month highs at the 0.9600 level. Read more >>
Leaders of the US Senate have finally agreed to raise the country's debt limit, ending a two-week impasse on the issue. The agreement would extend the US debt limit until 7 February 2014. Read more >>
The US Dollar Index (DXY) ended its healthy run during yesterday's US session. This was after the US government showed no signs of any end to its stalemate on the issue of health care. Read more >>
The release of the Reserve Bank of Australia's (RBA) minutes of its meeting on October 1 helped boost the aussie against the greenback early in today's Asian trading. Read more >>
The AUD/USD pair fared well so far despite the soft trade balance data from China which was released in the weekend. Read more >>
Lower-than-expected employment change in Australia triggered a drop in the value of the AUD/USD pair. From the previous -10,200, it rose to 9,100. It was a good number but fell short of expectations at 15,000. Read more >>
The AUD/USD pair has been fairly erratic since yesterday after the release of the Westpac Consumer Confidence report for October. Read more >>
The yen lost some ground against the greenback during today's session. The USD/JPY pair initially fell sharply a little above the 96.60, before picking up again prior the opening of the European session. Read more >>
After the EUR/USD pair reached highs at the 1.3640 zone late in last week's trading, it eventually fell in the sub-1.3600 level and has struggled to regain last week's levels in today's trading. Read more >>
It's just the first day of October and a lot has happened already during the Asian session. The US has partially shutdown its government after failing to reach an agreement on the health care law proposed by US President Barack Obama. Read more >>
The yen rallied against the greenback in today's Asian session, which was in part helped by the weaker USD. This dragged the USD/JPY pair down from above the 98.00 zone to below 97.90. Read more >>
The EUR/USD pair slipped below the 1.3500 over the past few hours and is expected to slip further in the short term due to positive sentiment on the USD. Read more >>
It has been a quiet session in Asia today due to the lack of significant data and reports. The only exception is the US consumer confidence data, which will come out later today (2:00 PM, GMT). Read more >>
The greenback showed strength against other currencies just ahead of the Nonfarm Payrolls announcement later today (12:30PM GMT). Read more >>
The release of the Fed's Beige Book yesterday showed only moderate improvement in the country's economy in July and August, giving way to an uptrend in the EUR/USD pair. Read more >>
Three pairs -- the AUD/USD, USD/JPY and GBP/USD -- all received boosts yesterday on positive data from China, a more hawkish Fed, and strong Marikit Manufacturing PMI from the UK, respectively. Check out the details here. Read more >>
The AUD/USD pair sunk below the 0.8960 after the release of disappointing construction data, while the USD/JPY remains low, and the EUR/USD has made a quick recovery after falling significantly yesterday. Read more >>
Yen buying picked up today amid talks that the White House might strike Syria in a day or two upon President Barack Obama's orders. The strike is said to be due to the use of chemical weapons in the Syrian conflict. Read more >>
The greenback fell during the European session as the US released disappointing durable goods orders data. Read more >>
The USD/JPY continued its surge that began on Wednesday, while the AUD/USD remained flat today. Plus, how soon can we expect QE tapering to happen? Read more >>
Check out how the USD/JPY, AUD/NZD, and the AUD/USD performed so far in today's Asian session. Plus, find out what to expect during the release of the FOMC minutes later today. Read more >>
The AUD/USD and USD/JPY pairs made quick jumps, but both failed to maintain their respective highs. Find out why in this article. Read more >>
Find out which currencies rose and which ones fell so far in today's trading session. Read more >>
The EUR/USD has made a slight recovery today breaking beyond the 1.3310 level so far. This was after the pair dropped to this week's low at 1.3278 during yesterday's trading. Read more >>
The US ISM services PMI went up to a better-than-expected 56.0 in July, helping boost the greenback against major currencies, at least temporarily. Read more >>
The AUD/USD pair continued its slide yesterday during the European session where it fell below the 0.9000 level. Meanwhile, the EUR/USD and USD/JPY pairs have remained flat so far this week. Read more >>
The aussie continued to slide in today's trading after RBA Governor Glenn Stevens said that a weaker AUD would be better for the Australian economy. Read more >>
The EUR/USD pair has shown an impressive run in this week's trading, peaking at just below the 1.3300 level late in yesterday's US trading. Analysts expect the pair to test the 1.34/1.35 levels soon. Read more >>
The aussie and the yen fell in today's trading after China announced weak PMI data. Read more >>
The combined strength of the yen and the weak greenback caused the USD/JPY and the EUR/JPY to slide further early in today's Asian session. Meanwhile, the EUR/USD pair is seen to break beyond the initial resistance at 1.3250. Read more >>
There were massive sell-offs in Nikkei futures today leading to weaker greenback and yen. Meanwhile, the RBA might cut rates further to 2% in the coming months, according to Westpac. Read more >>
Fed Chairman Bernanke's testimony yesterday didn't make a big impact as it only echoed previous statements from the Fed. Check out this article for details. Read more >>
The EUR/USD and AUD/USD slipped while the USD/JPY rose early in today's trading. Plus, traders anticipate Ben Bernanke's speech later today. Read more >>
See how the USD/JPY, AUD/USD, EUR/AUD, and the EUR/USD fared so far in today's trading. Read more >>
How did other currencies fare after the greenback's rally? Check out news on the EUR/USD, AUD/USD, USD/CHF, and USD/JPY pairs here. Read more >>
The USD continued to falter yesterday after the release of the US ISM Manufacturing PMI data. Read more >>
The greenback slid against several majors today after the release of disappointing US GDP figures. Read more >>
The aussie has recovered from yesterday's beating from the greenback, after positive news came out from Australia. Read more >>
The USD continues its surge early this week as it gained against the JPY, AUD, and EUR. Read more >>
The EUR/USD and AUD/USD continues its downtrend, while the USD/JPY undergoes volatility. Find out more here. Read more >>
The EUR/USD soars to 1.2930 today ahead of Bernanke's testimony. Meanwhile, the USD/JPY moves within a narrow range prior to BoJ Governor Kuroda's press conference later today. Read more >>
Check out updates for the USD/JPY, EUR/USD, and the AUD/USD today. Read more >>
The USD/JPY pair has so far remained at a little over 102.20 in today's session, the same position it was during at the opening of the Asian session yesterday. Read more >>
The Australian Dollar fell sharply today after the Reserve Bank of Australia (RBA) announced an interest rate cut of 25bps. Read more >>
Find out how the USD/JPY and the EUR/USD fared so far in today's trading. Read more >>
Currencies paired against the JPY are currently seeing gains after last week's G-20 meeting. Read more >>
The week is set to start out fairly quietly although we can expect activities to ramp up as it progresses due to several major releases later in the week. Read more >>
While the foreign exchange market is open 24 hours every day, there tend to be peak activities during specific periods of time. These peaks are often experienced during major trading sessions all over the world. Read more >>
Check the latest updates on the following pairs: EUR/USD, USD/JPY, and AUD/USD. Read more >>
As we indicated on the 28th of October in our video on the USD/JPY, intervention from the Bank of Japan (BoJ) sent this pair much higher. As we predicted, the intervention sent this pair up a couple of hundred pips from around the 75.8 mark to the current level of 77.94. Read more >>
USD/CHF is one of the more interesting plays out there currently, and probably one of the least known. EUR/USD originally rose during the previous week, but fell in the end. The shooting star at the bottom of a recent down move signals that perhaps we can continue to fall. The 1.26 level is key though. The USD/JPY pair is starting to show support at 76.50 again, but is simply not moving...... Play video >>
The USD/CAD pair rose during the Wednesday session as traders sold off risk assets around the globe. The USD/JPY pair rose during the session, even though the "risk off" trade was in vogue. Quite frankly, the Dollar was bought against almost everything. Play video >>
USD/JPY continues to float in the neighborhood of 78, and the latest intervention seems to have pinned the price up here. GBP/JPY had a bit of a bounce on Thursday as the Pound got a bid in general. Play video >>
USD/JPY rocketed during the Monday session as the Bank of Japan intervened to weaken the Yen. The EUR/JPY has retraced more than half of the intervention candle already. Play video >>
USD/JPY has fallen yet again, and looks set to test the 75 handle before it is all said and done. USD/CAD has broken below parity during the week, and found a spot at 0.99 in which to rest. GBP/USD busted through the 1.60 level this past week, and looks set to try and regain 1.65 or so. Play video >>
USD/JPY continues to hover in the area of 76 as the markets cannot find the fortitude to push the pair much lower. EUR/USD absolutely skyrocketed on Thursday. The pair reacted quite strongly to the EU bailout announcement, and it seems to be pleasing to the market. Play video >>
The USD/CAD pair had a wild day on Tuesday as the Bank of Canada not only held interest rates steady. USD/JPY fell during the Tuesday session, but bounced during the later hours. With the threat of the Bank of Japan intervention, this pair seems to have a tough time getting below the 76 handle for any length of time. Play video >>
The EUR/USD pair fell hard during the week, but still finds itself stuck within the 1.45 - 1.40 confines. This pair looks very range bound, and should continue to be until we get some kind of decisive break out of the range. If we break 1.45 on a daily close - it looks like a buy. If we get a daily close below 1.40 - it looks like a sell. Very simple at the moment really. EUR/CHF continues to whip around, and found itself in a 1,000 pip range for the week! The 1.20 level is obviously very resistive, and the 1.10 level is obviously supportive. Until we close outside of this range, we may find this pair very difficult to trade. It should be noted that when a trend changes, it gets quite messy. This is starting to (somewhat) look like that. USD/JPY finds itself being supported at the 76.50 area. The fact that the market is so bearish, and yet this level holds like a rock makes us wonder if the Bank of Japan isn't intervening in a clandestine way? The pair looks flat, and will be a scalper's market for the time being. Play video >>
USD/JPY sits still yet again as the Bank of Japan keeps threatening the market as the Yen rises in value. Because of this, we don't like selling this pair.....but nobody wants to buy. We will be watching the longer-term charts such as the weekly or monthly to get our signal now. The USD/CAD pair fell below the all-important 0.98 support level on Monday, and appears that it is ready to fall. This makes sense as the Light Sweet Crude markets rose over $2, and this creates demand for the Canadian dollar. We are sellers, and especially so if the Monday lows. Play video >>
The USD/JPY pair has been whipped around the recent area, and the last couple of days have been very active. The BoJ is willing to step in and support this pair, but there really no reason that the pair should go upwards. The AUD/JPY is a much clearer situation than the USD/JPY pair. The hammer that has been formed is a great signal to go long in this pair, but only if we managed to break the highs on Friday. With the Aussie being so strong against many other currencies, this move makes sense. Play video >>
GBP/USD fell hard on Wednesday as traders are starting to think that the Fed will not ease on Friday, thus punishing the Pound. The pair formed a shooting star on Tuesday, and then broke down - a classic technical move. The pair looks like it wants to fall further, perhaps to 1.61 if we get further downward pressure. The USD/JPY pair is rising slightly due to the selling of US Treasuries and the higher yields coming out of America. The markets need to break a bit higher before we get long as the trend is so bearish, but until then - we are sitting tight. The 77.50 level is our mark to buy, with a possibility to reach as high as 80. Play video >>
The USD/JPY pair has formed a hammer on the weekly time frame as traders pushed the pair down through the 76 handle, only to back away in the end. With the Bank of Japan looking like they are ready to intervene, this is probably wise. If we can get above 77.50 - we would actually buy it. The USD/CHF pair managed to break the top of the previous week's hammer, but then just simply sat there. This shows 0.8000 to be massive resistance, and as a result could lead to more weakness when the eventual move does happen. The USD/CAD pair had a wild week, and simply seems to be a slave to the whims of the oil markets. We are watching parity and 0.98 for our next move. We think that if oil (CL) gives up the 80 USD mark to the downside, parity will be hopped over in this pair. Alternately, if the $90 mark gets broken to the upside in CL, this pair runs back towards the 0.9450 area. Play video >>
The USD/JPY pair did something on Wednesday that it hasn't done lately - it stayed down. The previous candles have all bounced slightly to form hammers. This could signal that the pair is ready to fall again, but this isn't a free market presently. The Bank of Japan looks to intervene (in our opinion) if the pair falls below 76. The EUR/JPY formed a doji just above the 110 level on Wednesday, and gives us an easy signal to follow.....if we break above the range of the Wednesday candle - we buy. If we break below - we sell. Of course, if the BoJ intervenes it will be a direct result of the USD/JPY falling, so make sure it isn't melting down when you put a position on. Play video >>
USD/JPY fell on Tuesday again, but is at the 77 level - the same level that the Bank of Japan intervened at the other night. Because of this, traders around the world are being very tentative about shorting this pair. The trend is certainly down, and as such - this pair can't bounce it seems. Because of this, we see this as a "dead pair" for a while. USD/CAD rose to parity as traders around the world panicked during the Asian session on Tuesday. However, the markets calmed down, and the oil markets rebounded. Because of this, the CAD got a bid, falling 200 pips. This pair looks weak again, but the 0.98 level might be a potential area of support that the market will have to overcome before pushing back down to the 0.9450 area. Play video >>
USD/JPY fell on Monday as traders ran from anything risk related. The truth is that this pair is far too dangerous for us to trade at the moment, as the Bank of Japan is currently making it very obvious that they are willing to intervene yet again. In fact, they are currently talking to other central banks for help. The 75.55 area looks like it could be slightly supportive. We are currently staying out of this market until clarity comes back into play. The USD/CHF pair is in a bearish trend, and the recent price action doesn't change that long-running fact. The pair managed to bounce a bit during the latter hours of Monday trading, and formed a bit of a hammer. As such, it looks like 0.75 might cause a bounce - but we simply wait for that bounce to sell into it. We never buy the USD against the CHF. Play video >>
The USD/JPY pair had a wild day during the Monday session as traders are trying to figure out the debt limit issues in the US. A deal looks to have been reached, but we have not voted on it yet. A break either side of the long volatile doggie bar will help identify which side to trade, but be careful going long on this pair as Japanese intervention might make it difficult for the pair to fall considerably. The USD/CAD pair continues to bounce from the 0.9450 area, which is probably unsurprising to many as the oil markets have been so wild. The pair looks like a great sell - but from higher levels such as the 0.97 and 0.98 handles. Play video >>
USD/JPY looks weak, but you can have it! We see that we are approaching areas that triggered intervention previously. USD/CAD looks weak as well, but the 0.9450 area looks like it is going to produce a bounce, which we are not willing to buy, but are willing to sell at higher levels. Play video >>
The USD/JPY continues to be a scalper's pair....The USD/CAD is being held hostage by the oil markets Play video >>
The USD/JPY pair bounces off of the 80 level yet again, showing how important the support are really is. We could see a scalper's market being formed. The EUR/JPY has started to form a massive consolidation area, between the 113.50 and 117.50 areas. The 115 will serve as some kind of "midpoint" in this pair. Play video >>