The British pound has rallied initially during trading on Monday, but as you can see has struggled after that. Ultimately though, I do think that there are buyers underneath, but we may need to pull back to...
The EUR/USD pair has pulled back slightly during the trading session on Monday, showing signs of grinding sideways overall. When you look at the last couple of days, we have been dancing around the 1.2250 level, which...
The Australian dollar has rallied a bit during the trading session on Monday, as it looks like value hunters are starting to return. Beyond that, Gold markets look a little bit bullion, so that should continue to...
Last month, Dow Jones Iron & Steel Index DJUSST managed to break above December 2016 peak and created an incomplete bullish sequence from 2016 low calling for a move higher toward equal legs area $374 -$411. In...
A reversal may be brewing for EURAUD as the pair has formed a triple top formation on its 4-hour time frame and could be due for a break lower. Price is testing the neckline at the 1.5650...
The US dollar rallied a bit against the Japanese yen at the open on Thursday but continues to find plenty of resistance above at the 110 handle. This is a market that will be highly sensitive to...
As you can see on the chart, I had an ellipse marked from the previous session, an area that I thought was going to cause a bit of support. It does look as if that’s happening on...
The British pound has exploded higher during trading on Thursday, as we got through the interest rate hike without a scratch. It looks as if breaking above the 1.40 level should send this market higher, a level...
The EUR/USD pair has been explosive as the Americans got back to work on Thursday, showing signs of trying to break out above the 1.23 handle, which would be a major victory for the bullish traders. We...
The Australian dollar has fallen a bit during the day on Thursday but seems to be finding a lot of support at the 0.78 handle. This is the 50% Fibonacci retracement from the massive move higher, and...
