The Forex markets look like they are ready to retrace a little bit as the US dollar seems to have gotten a little bit ahead of itself. With that being the case, we looked at particular currency pairs in order to get a feel of where the markets are going to go in general. The […]
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The Forex markets saw a continuation of one major theme during the previous week: US Dollar strength. Because of this, the EUR/USD pair continues to be one of the favored vehicles in which to show a preference for the US dollar, as the European Central Bank appears to be ready to continue a fairly loose […]
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The Forex week saw one common theme: strength in the US dollar. We think this will continue, and as a result we would look at a couple of charts in this article that suggests continuation of this trend. The US economy is without a doubt one of the stronger ones out there, and as a […]
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The Forex week was relatively calm overall, but we had a lot of noise in late Friday trading, as the Ukrainian conflict went hot again. However, by the end of the day, we regained a bit of “risk appetite” as the markets calmed down by the time that the Americans took over.That being said, we […]
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The Forex markets got the Non-Farm Payroll numbers on Friday, with them being just a bit lower than anticipated – meaning that the last gasp of real volatility has probably just been sucked out of the market. The month of August tends to be very slow to begin with, and as the NFP numbers weren’t […]
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The Forex markets were a bit active over the last week, as the Euro finally broke down. The EUR/USD breaking below 1.35 is in fact a significant selling opportunity, as the market continues to show that the Euro is in a bit of distress. However, the problem with the Euro is that it never sells […]
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The markets in general have seen a bit of volatility recently, but in the end, a lot of the old levels still apply. The two most obvious pairs are the EUR/USD and the USD/JPY markets. The pairs both are challenging significant support levels, and as a result we feel that a bounce could be coming […]
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The Forex markets are starting to head into the “summer range”as far as a we can tell, with several of the pairs slowing down in general. The EUR/USD is without a doubt the most obvious example of this, and without a doubt it appears ready to put you all to sleep at this point. We […]
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The markets ended the week testing a couple of crucial levels. Because of this, there is a bit of focus on two specific pairs at the moment. The GBP/USD and the USD/CAD pairs both intrigue us, and as a result we will be watching. Both could make serious moves during the upcoming week, and will […]
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The Forex markets had just a few moves of note during the week, with the most obvious one being in the GBP/USD pair. The pair has closed above the 1.70 level finally, which is the major resistance that the market has been working against for some time. The breaking of this level should give the […]
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