The 1.3881 level was an important level last week. The level represented the 38.2% of the move down from the August 2011 high price (see chart above).  As such, the market’s sharp move ...

Following some less than bullish comments from EU’s Rehn and Nouriel Roubini, the USD has gained some strength in recent trading. Currently USD/CAD is testing resistance at the 200 hour moving ...

With European equities opening lower, and comments from Moody’s regarding a poor outlooking for France’s credit rating, the pair continued lower through the previously stated bearish ...

After spending some time near session highs we have seen some recent selling in the Euro. In the case of the EUR vs. the USD, we are currently testing possible support around 1.37468; a break below ...

usd/hkd being supported by the 100 week moving average.

China’s Industrial Production in September unexpectedly beat expectations as did Retail Sales. However, domestic demand will not do the trick to sustain China’s growth expectations and ...

As the Chinese economy is seemingly slowing based on the economic indicators and decline in global demand, the Chinese have elected to continue to suppress the value of the Yuan despite the ...

With the European situation degenerating yet again, at least from a headline perspective, we see the USDSGD pair has caught a bid the last few sessions on the 50% retracement of the August to October ...

The USDSGD pair has remained inside the hourly channel we’ve been  advertising, rebounding to the 100hr moving average that has defended the pairs appreciation. The bid was driven by ...

usd/sgd testing the top of the downward channel in the 4hr chart.