The GBP/USD pair initially tried to rally during the Monday session, but ran into a bit of resistance near the 1.3575 level. Ultimately, I believe that the market is trying to build up enough momentum to finally...
The EUR/USD pair gapped lower at the open on Monday, but then turned around to fill that gap. We have fallen since then, but continue to find support near the 1.1850 region. A breakdown below there census...
The Australian dollar fell a bit during the day on Monday, but continues to find plenty of noise in this general vicinity. I think that we are going to see a lot of choppiness, and that the...
GBPUSD is still trending higher on its longer-term charts and is testing the top of its ascending channel visible on the daily time frame. This could mean an opportunity for a countertrend play back to the support...
AUDNZD recently broke below the ascending channel support on its 4-hour time frame to signal that a reversal is underway. Before that happens though, price could still make a pullback to the broken support. However, the 100...
The USD/JPY pair fell a bit during the session on Friday, but looks to be finding support near the 112 level. Because of this, I believe that the market will continue to find buyers as the Federal...
The US dollar fell against the Canadian dollar initially on Friday but found support as the Canadian CPI numbers came out less than anticipated. This works against the Loonie overall, and therefore we rallied back towards the...
The British pound went sideways initially during the session on Friday, but pulled back towards the 1.35 handle. That’s an area that offered a certain amount of support, as it has during most of the week. I...
The EUR/USD pair initially shot higher during the day on Friday, but found the 1.20 level to be too resistive to continue going higher. This area has continued to offer problems for the market, and I think...
The Australian dollar shot higher during the day on Friday, reaching towards the 0.7975 level. We have seen a significant amount of noise recently, and it now looks as if the gold markets may be trying to...
