EURUSD failed to break below 1.1712 support and rebounded from 1.1717, breaking above 1.1814 resistance, suggesting that the downside movement from 1.1961 had completed at 1.1717 already. Further rally would likely be seen in the coming days...
The US dollar has fallen a bit during the trading session on Wednesday, reaching down to the important 113 handle. However, as the Federal Reserve statement comes out, we could get a bit of volatility in...
The US dollar has been sideways during the Wednesday session as we await the Federal Reserve statement, but any signs of hawkishness out of the Federal Reserve will more than likely send this pair towards the...
The British pound has been very noisy over the last several months, as we have negotiated a break away from the European Union. The 1.3333 handle has been very important, and as I await the Federal...
The EUR/USD pair continues to be very noisy, but it looks as if we are trying to form some type of supportive area in this region. On the weekly chart, I can make an argument for...
The Australian dollar initially dipped during the day on Thursday, but found enough support to turn around Anna rally significantly, mainly upon the idea that tax reform may not get done in the United States. As...
EURUSD is trending lower and moving inside a descending channel on its 1-hour time frame. Price is testing resistance after a sharp rally, so either a bounce or break could be due. The 100 SMA is below...
GBPAUD continues to trend higher, moving above an ascending trend line connecting the lows since early September. Price looks ready for another trend line test soon and this support area lines up with a former resistance around...
The USDCNH pair formed a triangle pattern on its daily chart for several weeks. All we can do is wait for a breakout to occur. The price is facing the upper line of the pattern now at...
The US dollar has gone sideways in general, but Saul buyers jump into the marketplace after the CPI figures came out higher than anticipated in the United States. This suggests that the Federal Reserve will be...
