The British pound broke out to the upside during trading on Wednesday, reaching well above the 1.42 level. The breaking of the 1.40 level was in fact a significant event, and it now looks likely that we...
The EUR/USD pair has rallied rather significantly during the trading session on Wednesday, but it’s very likely that we need to see some type a pullback to offer the right amount of value for people to put...
The Australian dollar broke out to the upside during the trading session on Wednesday, slicing towards the 0.81 level above, and that is a significant move as it offers the gateway to much higher pricing. In fact,...
This pair has been trending higher, moving above an ascending trend line on the 1-hour time frame and just bouncing off support. A rally could take it up to the latest highs near .7425 and beyond. The...
USDCAD has been treading mostly sideways in the past few days and is consolidating inside a bearish flag formation visible on the daily time frame. Price is currently testing the triangle support and a breakdown could send...
The US dollar has fallen during the trading session on Tuesday, as we continue to see weakness in the greenback. I believe that the market will continue to be very noisy, as the 110 level will obviously...
The US dollar has rallied during the Tuesday session, reaching towards the 1.25 level, which of course is a large, round, psychologically significant number. That area of course will offer a bit of resistance, but it looks...
The British pound has initially tried to break above the 1.40 level but has pulled back from there is one would expect. After all, this is a market that has been very bullish as of late, so...
The EUR/USD pair has initially fallen during the day on Tuesday but found enough support near the 1.2225 level to turn around and show signs of life. If we can break above the 1.23 level, then the...
The Australian dollar has fallen a bit during the trading session on Monday, reaching down towards the 0.7950 level. I would anticipate some type of bounce on short-term charts, as we continue to consolidate below a major...
