The US dollar fell rather significantly against the Canadian dollar during Friday’s trading session, breaking down towards the 1.27 handle. A breakdown below that level probably sends this market looking for the 1.25 level, and part of...
The GBP/USD pair initially fell during the trading session on Friday, reaching below the 1.35 handle again. Quite frankly, I liked seeing this, as a give us an opportunity to pick up a little bit of value....
The EUR/USD pair initially fell during the trading session on Friday, reaching down towards the 1.1850 level before bouncing significantly. As we are approaching the end of the trading session for Europe, the market is rallying significantly,...
The Australian dollar initially went sideways during the session on Friday, reaching towards the 0.76 level before pulling back. However, we then found quite a bit of bullish pressure as General Flynn suggested that he was willing...
The US dollar has been very volatile against the Japanese yen during Thursday trading, but as you can see we have rallied, pulled back, formed an hourly hammer, and then rallied again. I think that if we...
The US dollar rallied significantly during the day, and then pulled back to test the lows of the session again, and then rallied again on Thursday to break above the 1.29 handle. If we can continue the...
The British pound initially rally during the day on Thursday, but then pulled back a little bit to find buyers again at the 1.3435 level. The market has since broken above the 1.35 level, only to find...
The EUR/USD pair has been very noisy during the trading session on Thursday, pulling back slightly towards the 1.1825 handle, and then shooting to the upside. It now looks likely that we are going to continue to...
The Australian dollar was very choppy during the Thursday session, reaching towards the 0.76 level a couple of times, but failing and rolling over. I currently believe that we are trying to build up enough momentum to...
USDCAD recently broke out of a long-term descending triangle pattern to signal that an uptrend is underway. Price hit resistance around the 1.2900 mark and is starting a correction to the broken triangle resistance. Applying the Fib...
