AUDUSD was previously trading sideways between support around .7650 and resistance at .7700-.7725. Price has just broken below the range support and looks ready for a pullback before heading further south. Using the Fib tool on the...
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EURJPY has been trading sideways recently, bouncing off support near 132.00 and resistance at 136.25. Price is testing support once more and could be due for another climb to the top or at least until the middle...
The US dollar has been very choppy against the Japanese yen during the Friday session, as the 113.50 level has offered a bit of resistance. I think that the market will continue to be very noisy, but...
The US dollar was slightly positive against the Canadian dollar during the Friday session, as we are testing the 1.27 level for resistance. On the short-term charts, it certainly looks as if we will continue to find...
The British pound initially was sideways during the day on Friday, but started to rally rather significantly as Europeans went home. Ultimately, I believe that the 1.3250 level should offer a bit of resistance, as it has...
The EUR/USD pair has been very noisy during the trading session on Friday, seeing both bullish and bearish pressure occasionally. We did eventually reach towards the 1.1675 handle, but started to roll over again. I recognize the...
The Australian dollar went sideways initially during the trading session on Friday, and then broke down significantly. The 0.7650 level looks to be a bit supportive, and I think if we can break down below there we...
This week both Brent Crude and WTI (Light Sweet Crude Oil) made a new price high in more than 2 years with Brent Crude rising to $64 per barrel and WTI to $57 per barrel. These price gains come...
The latest UK political jitters, to some extent, were negated by the US tax bill uncertainty, with the GBP/USD pair once again finding some buying interest near the 1.3085 area. The US Dollar reacted negatively to the...
