The EUR/USD pair fell during the session on Wednesday, testing the 1.36 level. The area is the beginning of significant support all the way down to the 1.3550 handle, so therefore we need to close below that...
The AUD/USD pair fell during the session on Wednesday, testing the 0.89 level for support. That area of course offered support, and therefore we bounce slightly from it. However, we believe that the market will continue to...
While many traders may be a little disconnected from reality and push equity markets higher while selected currency pairs remain stuck in their overextended trends which is a very unhealthy combination and equity traders as well as...
The USD/JPY pair rose during the session on Tuesday, breaking above the highs from the Monday session as well. This wiped out quite a bit of losses, as the market approach the 104 level. That being the...
The USD/CAD pair rose during the session on Tuesday, breaking above the 1.09 handle yet again. This area has broken the top of the hammer from the Monday session as well, and as a result it looks...
The GBP/USD pair when higher during the session on Tuesday, bouncing off of the 1.64 handle. This market looks like it’s ready to continue going sideways, but we do recognize the fact that the 1.65 level will...
The EUR/USD pair did very little during the session on Tuesday, essentially banging around back and forth to end up where we started. The market appears to be somewhat supported in this area though, and the action...
The AUD/USD pair fell hard during the session on Tuesday, breaking back below the 0.90 handle. We had suggested that the breakout above that level might have been a bit of a “false breakout”, so this move...
After its strong selloff in the past few days, GBP/AUD seems ready to make a retracement to an area of interest. On the 1-hour time frame, it can be seen that the broken support level is right...
The USD/JPY pair fell during the day on Monday, testing the 103 level for support. This is an area that begins a significant amount of support all the way down to the 102.50 level, so some type...