The British pound rose slightly during the day on Wednesday, testing the 1.33 level for resistance. If we can break above there, the market should continue to go much higher, perhaps reaching towards the 1.35 level above....
The EUR/USD pair rallied initially on Wednesday, but continues to find resistance above. I do think that eventually we go higher, but we need to break out to do so. It looks right now that the 1.1750...
The Australian dollar has gone higher during the session on Wednesday, as we reached towards the 0.7870 level, and then pulled back. However, we have seen a lot of support just below, so I think that the...
EURGBP is currently testing a former resistance level around the .8800 major psychological mark, which appears to be holding as support. This lines up with the 50% Fibonacci retracement level on the swing high and low on...
The US dollar initially tried to rally against the Japanese yen, but then rolled over at the 113.25 level. We dropped down to the 112.75 level, where we had seen a bit of support. I believe that...
The US dollar rolled over against the Canadian dollar, reaching towards the 1.25 level on Tuesday. If we can break down below the 1.2450 level, the market should be very bearish, as it looks likely to show...
The British pound went sideways overall during the day on Tuesday, showing signs of support near the 1.32 level. I believe that ultimately, we will probably bounce, but we will more than likely have a lot of...
The EUR/USD pair initially fell on Tuesday, but broke above the 1.1750 level to continue higher. Ultimately, the market looks likely to find plenty of noise, and I think if we can break above the top of...
The Australian dollar fell initially on Tuesday, but found enough support just below the 0.78 level to turn things around and rally. Once we did, we then found resistance at the 0.7825 level, as we continue to...
EURUSD previously broke past the range resistance at the 1.1450 minor psychological level to indicate that bullish momentum has won over. Price stalled in its rally near the 1.2100 major psychological level and showed signs of a...
