The EUR/USD pair has drifted lower during the trading session on Thursday, showing signs of “risk off” trading. I think that we will eventually find buyers underneath, as the 1.23 level should be important. If we break...
The Australian dollar has fallen a bit during the trading session on Thursday, as the stock markets and gold markets continue to be very noisy. There are a lot of geopolitical concerns right now, and quite frankly...
USDJPY has formed lower highs and found support at the 105.60 level, creating a descending triangle pattern on its 1-hour time frame. Price just bounced off resistance and could be due for a test of support soon....
The US dollar initially fell against the Japanese yen during trading on Wednesday, reaching down towards the 106.25 level, an area that has been supportive over the last several days. This area was previous resistance, so that...
This pair is going to be interesting, because the 1.3 level is so crucial for the longer-term move. As we are near its, it makes sense that the markets will be rather choppy and difficult to deal...
The British pound has pulled back slightly against the US dollar during the day on Tuesday, testing the 1.3950 level. By doing so, it shows that we still have a significant amount of resiliency just below, and...
The EUR/USD pair fell a bit during the trading session on Wednesday, as the 1.24 level continues to be very resistive. However, when I look at the longer-term charts for me it becomes somewhat obvious. I think...
The Australian dollar has broken above the 0.79 level during trading on Wednesday, clearing a significant barrier. However, as I record this video it looks as if we are pulling back slightly, so we may continue to...
EURGBP is trending higher on its 4-hour time frame, moving inside an ascending channel and currently testing support. A bounce could take it back up to the resistance at the .9000 major psychological level. Stochastic is already...
The US dollar has rallied significantly against the Japanese yen during the trading session on Tuesday, reaching as high as 107.25 before I recorded this. We are pulling back slightly, but I think that there are buyers...