The US dollar chop around against the Canadian dollar during the session on Tuesday, as we are testing the previous uptrend line from the weekly chart. We are underneath it, so I think that there should be...
The British pound has been chopping around over the last 24 hours, as we have recently pressed against the 1.3650 level. That’s the area where we gapped lower after the Brexit vote, and of course offers a...
The EUR/USD pair rallied on Tuesday, testing the 1.20 level. This is an area that should continue to offer a bit of resistance, but with the Federal Reserve looking likely to not be able to raise interest...
The Australian dollar exploded to the upside during the day on Tuesday, breaking above the 0.80 level at one point. We turned around though, and I think that this level will continue to offer a significant amount...
EURCAD is forming a descending triangle on its 4-hour chart and could be due for a test of the top. This lines up with the 61.8% Fibonacci retracement level near the 1.4850 minor psychological mark and a...
NZDUSD Short Term Elliott Wave view suggests that the Index shows a 5 swing sequence from 8/31 low favoring further upside. Rally from 8/31 low (0.7128) is unfolding as a double three Elliott Wave structure. Up from 0.7128, Minute...
The US dollar gapped higher against the Japanese yen at the open on Monday, and then reached to a fresh, new highs. The market looks likely to see this market reaching towards the 114.50 level, now that...
The US dollar rallied a bit during the day on Monday against the Canadian dollar, reaching towards the 1.2250 level. It looks as if we continue to show bullish pressure, but I think that there is more...
The GBP/USD pair fell after initially trying to rally on Monday. It looks as if we are bit overextended, and we have filled the gap on longer-term charts. I think a pullback is necessary, and quite frankly...
The EUR/USD pair gapped lower at the open on Monday, but then turned around to rally a bit. We are currently consolidating around the 1.1950 level, and that this market should continue to be difficult to trade...
