The EUR/USD pair rolled over a bit during the trading session on Tuesday, as we went looking towards the 1.18 level underneath. This is an area that has been supportive in the past several sessions, and...
The Australian dollar rallied significantly during the trading session on Tuesday, but found the 0.7650 level to be resistance, as it was once support. By doing so, the market rolled over from there and reach down...
EURAUD recently broke below its ascending channel bottom around 1.5600-1.5650 then hit a low of 1.5500 before pulling up. Applying the Fib tool on the latest swing high and low shows that the 50% level lines up...
The dollar appreciated on Monday although it did so at a limited pace. Most of the crossings had limited tours at the beginning of the week continuing the tours of the American session on Friday, albeit at...
AUDUSD is currently trading inside an ascending channel on its daily time frame and is testing support. Price is also moving inside a short-term descending channel and might need to break past the resistance before establishing bullish...
By gapping initially on the Monday session, this signified what I had been suspecting all along: that the US dollar is moving mainly upon tax reform expectations, and nowhere with this be more important than the...
The US dollar fell slightly against the Canadian dollar during the Monday session, but as we are in an area that has been supportive in the past, one has to think whether we are starting to...
The GBP/USD pair initially gapped lower at the open on Monday, and then bounced enough to slam into the 1.35 handle. We pulled back from there to test the 1.3425 level underneath, and then exploded to...
As we opened the trading session on Monday, we obviously gapped lower in favor the US dollar during Asian trading, perhaps in reaction to the tax bill making significant gains through the US Senate. Ultimately, the...
The Australian dollar gap lower at the open on Monday, signaling that traders were starting to become a bit more excited about tax reform in the United States, but since then we have bounced to fill...
