The US dollar has been extraordinarily volatile against the Canadian dollar during the trading day on Tuesday. Because of this, the market is likely to cause a lot of trouble for traders who can handle the volatility,...
The British pound has been very choppy over the last several sessions, bouncing from the 1.32 level underneath, which offers support. The uptrend line on the hourly chart looks very likely to be supportive as well, and...
The EUR/USD pair has been rather stagnant during the trading session on Tuesday, initially going sideways and then dipping towards the 1.1720 level. I think that the 1.17 level continues to be very supportive, so I am...
The Australian dollar rallied significantly during the trading session on Tuesday, using the RBA announcement as a bit of a catalyst. However, there are several other reasons that the market is going to continue to struggle. The...
USDJPY is trending lower on its short-term time frames, moving inside a descending channel and currently testing resistance. This lines up with the 100 SMA and 50% Fibonacci retracement level, which appears to have held as resistance....
EURGBP has been trading sideways recently, finding resistance around the .9000 major psychological level and support near the .8750 minor psychological mark. Price has just bounced off the ceiling and is halfway through on its way to...
The US dollar was initially flat against the Japanese yen on Monday, as the 112 level has offered significant support. Because of this, we rallied towards the 112.50 level above, which is significant, as the 112-level needed...
The USD/CAD pair rallied initially during the trading session on Monday, but then fell back towards the 1.2750 level underneath to find support again. He then bounced towards the 1.28 level, as we continue to see significant...
The British pound initially fell during Monday, but then sliced through the 1.3250 level early in trading. We pulled back a bit, testing that area for support. But now it looks as if we are ready to...
The EUR/USD pair has been very volatile during trading on Monday, initially falling, then bouncing, then falling again as we approached the 1.18 level. A lot of the volatility is due to a failure by German government...
