The common currency started had a rough beginning of the week, as talks for a coalition government in Germany ended on Sunday after the Free Democratic Party pulled out. Merkel’s CDU has now been sentenced to a minority...
USDJPY looks ready to trade sideways on its daily time frame as price has bounced off the resistance around 114.25. This could put the pair on track towards its range support at 108.50. The 100 SMA is...
The US dollar fell significantly during the trading session on Friday, and then bounced slightly to only roll over again. We have tested the 112 level, and if we can continue to go lower from here, the...
The US dollar has been very volatile against the Canadian dollar during the trading session on Friday, initially dipping down towards the 1.2715 level, and then exploding to the upside, reaching as high as 1.2830. We then...
The British pound has been very volatile during the trading session on Friday, testing the 1.3250 level but failing. However, I think that eventually we will break above there as the British pound is going to continue...
The EUR/USD pair has been choppy during the trading session on Friday, rallying a bit, breaking above the 1.18 level. However, we roll over from there and it looks as if were going to settle on an...
The Australian dollar has fallen a bit during the day on Friday, showing signs of struggle against the US dollar you again. The 0.7550 level underneath has been supportive in the past, and is the beginning of...
The EUR/USD began the day on Friday with a strong rebound of more than 40 pips that made it jump again above 1.1800 to reach a maximum of 2 days at 1.1822. In the European opening, the...
GBPJPY continues to trend lower on its short-term time frames. Price is testing the resistance at 149.00 and could be ready for a drop to the channel support at 147.50. The 100 SMA is below the longer-term...
The US dollar has been very choppy against the Japanese yen during the trading session on Thursday, as we continue to dance around the 113 handle. The previous downtrend line that was the top of the channel...
