The AUD/USD pair fell on Thursday after initially trying to test the 0.75 level. We found enough resistance there to turn around and fall towards the 0.7450 level, which is the bottom of the support “zone.” If...
The US dollar went back and forth during the course of the session on Wednesday against the Japanese in. We are overextended at this point, so I believe that a pullback from here is more than likely...
The US dollar initially rallied against the Canadian dollar returned around for a bit of a shooting star. This is a market that continues to grind higher overall though, so I’m waiting to see whether or not...
The British pound did almost nothing during the day on Wednesday against the US dollar, as we continue to drift in this general vicinity. I believe that this is a market that continues to grind sideways, and...
The EUR/USD pair initially rallied on Wednesday but turned around to fall significantly, as we continue to drift down to the 1.05 level underneath. That is an area that has been massively supportive in the past, so...
The AUD/USD pair fell during the day on Wednesday, breaking through the 0.75 handle. I think that the support extends all the way down to the 0.7450 level though, so having said that it’s likely that the...
The USD/JPY pair broke down during the day on Monday, clearing the 107.50 level. This is an area that has caused quite a bit of resistance in the past so the fact that we broke above there...
The USD/CAD pair continues to grind higher as oil markets falter. Now that we are above the 1.35 level, the market will then more than likely reach towards the 1.40 handle, perhaps even higher than that. Short-term...
The British pound fell against the US dollar during the day on Monday, as we broke below the 1.25 handle. However, I think there is a significant amount of support just below so I think it’s probably...
The EUR/USD pair broke down below the 1.08 level, extending the bearish pressure even further. We have had an absolute meltdown when it comes to the value of the Euro, and it seems like it’s going to...
