The British pound has been very volatile during the trading session on Tuesday, breaking down slightly, but then rallied significantly. However, that was short term thinking, as we rolled over towards the 1.3333 handle underneath. That’s...
The EUR/USD pair continues to be volatile, but bullish looking at the charts for the Tuesday session. I think we are going to continue to see a lot of choppiness going forward, as we are getting...
The Australian dollar had a noisy session on Tuesday, initially going higher, but then rolled over to show signs of weakness. If we can break down below the 0.7625 level, I think that the market could...
EURAUD previously broke below the neckline of its head and shoulders pattern on the 1-hour time frame to signal a selloff. Price found support around the 1.5340 area and is now pulling back to the broken support...
The US dollar fell initially during trading on Monday, reaching down towards the 112.40 level. There was enough support there to have things turn around though, and as a result it looks as if the buyers...
The US dollar went back and forth during the trading session on Monday, as the Canadian dollar continues to be somewhat range bound and the 1.2850 level later in the day. The explosive moved to the...
The British pound rallied significantly during the Monday session, breaking above the 1.3333 handle, and then extending to the 1.34 level later in the day. It looks likely that the market is going to continue to...
eurusd The EUR/USD pair rally during Monday trading, going straight up in the air initially. The Americans have pummeled the US dollar in this market, and therefore it looks likely that we will continue to see buyers...
The Australian dollar rallied during the trading session on Monday, reaching as high as 0.7675, where we start to see a significant amount of noise. Recently rallied though, and I suspect we are trying to continue...
GBPUSD continues to trend lower in its descending channel on the 1-hour time frame. Price just bounced off support recently and is finding a ceiling at the channel resistance around the 1.3400 handle once more. Stochastic is...