US dollar quiet against Canadian dollar to begin the week

by FX Empire | April 17, 2018 8:48 am
The US dollar has gone back and forth during the trading session on Monday, as traders came back from the weekend. It looks likely that we will continue to see a lot of choppiness in this area,...

The British pound rallies in early Monday trading

by FX Empire | April 17, 2018 8:47 am
The British pound has rallied significantly during the trading session on Monday, breaking above the 1.43 level. That level has been significant resistance in the past, so the fact that we have broken above there suggests that...

Euro showing signs of significant strength during Monday trading

by FX Empire | April 17, 2018 8:45 am
The EUR/USD pair has rallied significantly during the trading session on Monday, reaching towards the 1.24 level, an area that will more than likely cause a bit of resistance as it is a large, round, psychologically significant...

Australian dollar choppy during the beginning of the week

by FX Empire | April 17, 2018 8:43 am
The Australian dollar has been very choppy during trading on Monday initially, but it does look like we are going to continue to try to go higher. The 0.78 level above will be the initial target, but...

US dollar looking for support against Japanese yen

by FX Empire | April 10, 2018 7:33 am
The US dollar has initially tried to rally during the trading session on Monday but found a bit of resistance at the 107.20 level. The market has more than enough support below to keep it afloat though,...

US dollar falls against the Canadian dollar on Monday

by FX Empire | April 10, 2018 7:32 am
The US dollar initially tried to rally during the trading session on Monday, but then broke down through the 1.2750 level. The market looks likely to go down to the 1.27 level, an area that should be...

British pound rallies on Monday

by FX Empire | April 10, 2018 7:31 am
The British pound rallied significantly during the trading session on Monday but ran into a little bit of trouble at 1.4150 level. However, this is a minor area and I think that it’s unlikely to keep the...

Australian dollar falls during Monday session

by FX Empire | April 10, 2018 7:28 am
The Australian dollar has tried to rally during the trading session on Monday, but the 0.77 level has offered enough resistance to turn things over and fall towards the 0.7650 level. That’s an area that has been...