EURGBP has been trading sideways recently, finding resistance around the .9000 major psychological level and support near the .8750 minor psychological mark. Price has just bounced off the ceiling and is halfway through on its way to...
The US dollar was initially flat against the Japanese yen on Monday, as the 112 level has offered significant support. Because of this, we rallied towards the 112.50 level above, which is significant, as the 112-level needed...
The USD/CAD pair rallied initially during the trading session on Monday, but then fell back towards the 1.2750 level underneath to find support again. He then bounced towards the 1.28 level, as we continue to see significant...
The British pound initially fell during Monday, but then sliced through the 1.3250 level early in trading. We pulled back a bit, testing that area for support. But now it looks as if we are ready to...
The EUR/USD pair has been very volatile during trading on Monday, initially falling, then bouncing, then falling again as we approached the 1.18 level. A lot of the volatility is due to a failure by German government...
The Australian dollar has been somewhat volatile during the trading session on Monday, remaining in a reasonably tight range. That’s not a huge surprise though, because we get the Monetary Policy Meeting Minutes coming out first thing...
The EUR/USD has tried to recover ground at the beginning of this Tuesday, but has found a barrier in the European opening in the 1.1750 area after having raised 20 pips from the intraday low of the...
The common currency started had a rough beginning of the week, as talks for a coalition government in Germany ended on Sunday after the Free Democratic Party pulled out. Merkel’s CDU has now been sentenced to a minority...
USDJPY looks ready to trade sideways on its daily time frame as price has bounced off the resistance around 114.25. This could put the pair on track towards its range support at 108.50. The 100 SMA is...
The US dollar fell significantly during the trading session on Friday, and then bounced slightly to only roll over again. We have tested the 112 level, and if we can continue to go lower from here, the...
