The USD/JPY pair fell hard during the session on Monday, as the ISM numbers came out much weaker than anticipated.
The GBP/USD pair fell hard during the session on Monday, as the general “risk off” attitude certainly hit the Forex markets. However, you can see that we stopped for the 1.63 level, an area that has been rather supportive over the last several months.
The GBP/CHF pair fell hard during the session on Monday, slicing through the 50 day moving average yet again. However, with more significant is that we for all the way down to the 1.47 level.
Check out the Forex signal for the USD/JPY pair here.
Check out the Forex signal for the GBP/USD pair here.
Check out the Forex signal for the EUR/USD pair here.
Check out the weekly signal for the AUD/CHF pair here.
Check out how the USD/JPY pair did during the month of January here.
The Eurozone Manufacturing sector improved considerable from November, confirming the euro-area is on the right track to recovery.
According to the analyses of the crude oil and USD/CAD, trader profited on a binary options platform. See how here.
As all eyes turn and focus on the upcoming XXII Winter Olympic Games about to open in Sochi, Russia, it seems appropriate for a topical take on how the Russian Ruble fits into the Forex world.
The XAU/USD pair closed the week lower after five consecutive weeks of gains as the bulls encountered heavy resistance in the 1268 - 1278 zone.
The WTI market fell during the session on Friday, testing the $97 level finding support at that exact area. We have recently broken out over the last 48 hours, so it makes sense that we would pull back to try and find more buyers.
The EUR/USD pair fell again during the session on Friday, but this time managed to break down below the 1.35 handle.
The USD/CAD pair had a pretty wild session on Friday as we went back and forth in a very wide range. However, what I am paying attention to at the moment is the 1.10 level, as I believe it is essentially a floor in this market.