Author: Irit Rutenberg

The EUR/USD pair fell during the Monday session, but bounce back to regain most of what it lost. This formed a hammer for the trading day, and does look very strong indeed. The 1.24 level looks to be holding a support and it now...

The USD/JPY fell during the session on Monday as the Japanese yen climbed against most currencies. The 78 handle in this pair continues offer support for this pair, and it should be known by now that the Bank of Japan is very...

Analysis and Recommendation: The USD/JPY regained its momentum today, pushing the USD back below the 78.50 range to trade at 78.27. The Bank of Japan rate and policy meeting concludes tomorrow, but no changes are expected. There...

The GBP/USD pair fell during the entirety of the Monday session, but did manage to gain back half of its losses. The result was a fairly strong looking hammer formed around the 1.56 level, and this it goes along nicely with our...

The EUR/GBP pair had a tough session on Monday as the market went back and forth. It did finish slightly positive for the session, but it must be said that the long-legged doji that was printed for the session will do very...

Analysis and Recommendation: The AUD/USD is trading at1.0581 as it remains strong in the risk off trading mode. As investors continue to move into more risk assets, the AUD has been seen as a good choice, with its high interest...

The EUR/JPY pair fell during the session on Monday, to retest the 97 handle for support. At closing, it appears that has held as supportive, and should continue to give this pair a little bit of a boost higher. However, if we...

Analysis and Recommendations: The EUR/JPY dipped a bit after the JPY regained its momentum. The euro remains positive as traders have had time to review and rethink their disappointment over comments by the ECB and are now...

Analysis and Recommendation: The NZD/USD is trading at 0.8208. The kiwi broke above 82 US cents for the first time in more than three months as stocks on Wall Street and commodity prices rallied. Positive sentiment remains...

The AUD/USD pair had a fairly neutral day on Monday as the 1.0550 level has pair under wraps. It’s an interesting spot for this to happen, as the neutral candle is forming just at the top of a couple of hammers from last...