The British pound initially was sideways during the day on Friday, but started to rally rather significantly as Europeans went home. Ultimately, I believe that the 1.3250 level should offer a bit of resistance, as it has...
The EUR/USD pair has been very noisy during the trading session on Friday, seeing both bullish and bearish pressure occasionally. We did eventually reach towards the 1.1675 handle, but started to roll over again. I recognize the...
The Australian dollar went sideways initially during the trading session on Friday, and then broke down significantly. The 0.7650 level looks to be a bit supportive, and I think if we can break down below there we...
This week both Brent Crude and WTI (Light Sweet Crude Oil) made a new price high in more than 2 years with Brent Crude rising to $64 per barrel and WTI to $57 per barrel. These price gains come...
The latest UK political jitters, to some extent, were negated by the US tax bill uncertainty, with the GBP/USD pair once again finding some buying interest near the 1.3085 area. The US Dollar reacted negatively to the...
The USD/CHF ended the day with limited movements in a range with a bearish break. During the US session, a fall on the dollar board sent the pair to 0.9920, the lowest level since October 26. Senate...
EURUSD has been trending lower since breaking below the neckline of a head and shoulders pattern. Price is now moving inside a descending channel pattern and looks ready for a pullback to the resistance. Applying the Fibonacci...
The US dollar rolled over during the trading session on Thursday, falling as low as the 113.25 handle before bouncing significantly. I think that the 113 level as massive support, and I believe that we will eventually...
The US dollar continues to drift lower against the Canadian dollar, as we are now testing the crucial 1.27 handle. This is an area where the buyers should return, it if they do it would be a...
The British pound was choppy on Thursday, as we continue to consolidate in general. We are in a larger consolidation area, which extends down to roughly 1.3050, but is also supported by the 1.30 level underneath, as...
