The US dollar fell during the trading session on Thursday, reaching down towards the 106.50 level, which is an area that of course has been important more than once. It is looking to offer a bit of...
Looking at this market, the first thing that I notice is that the 1.2950 level has been resistance several times. However, the lows are starting to get higher, and that suggests that we are going to go...
The British pound chopped around against the Japanese yen during trading on Thursday, as the vital 150 level is just above. This was the previous uptrend line on the daily chart, and of course a large, round,...
The Euro bounce around during trading on Thursday, initially tried to rally, but then rolled over to test the 1.23 level again. I think that this level could be supportive, but I also recognize that we have...
The Australian dollar rallied a bit during the trading session on Thursday, reaching towards the 0.77 handle. This is an area that I think is going to be a bit resistive, suggesting that perhaps we could find...
The US dollar has rallied a bit during the trading session on Tuesday, as we continue the bullish move from Monday. The market has calmed down significantly, as this is a “risk on/risk off” currency pair and...
The US dollar has rallied significantly during the trading session on Tuesday, as the 1.28 level continues to offer support. However, as the Americans stepped into the arena, it looks as if the US dollar may revisit...
The British pound has fallen significantly during the trading session on Tuesday, reaching down towards the 1.4050 level before bouncing. It looks as if the Americans are willing to pick up the British pound though, so we...
The EUR/USD pair has fallen significantly during the trading session on Tuesday, reaching down to the 1.2350 level. It’s possible that we will start to see buyers in this area, as it was resistance in the past....
The Australian dollar has broken down during the trading session initially against the US dollar, reaching down to the 0.77 level. The level continues to be important as we have seen over the last several sessions, and...
