The US dollar rolled over during the trading session on Thursday, falling as low as the 113.25 handle before bouncing significantly. I think that the 113 level as massive support, and I believe that we will eventually...
The US dollar continues to drift lower against the Canadian dollar, as we are now testing the crucial 1.27 handle. This is an area where the buyers should return, it if they do it would be a...
The British pound was choppy on Thursday, as we continue to consolidate in general. We are in a larger consolidation area, which extends down to roughly 1.3050, but is also supported by the 1.30 level underneath, as...
The EUR/USD pair has been volatile during the trading session on Thursday, as the 1.16 level continues to attract a lot of attention. However, we have broken down below the neck line on a daily head and...
The AUD/USD pair went back and forth and very choppy trading on Thursday initially, but then rolled over drastically. This of course is going to coincide with the gold market as per usual, which may have gotten...
The US dollar fell a bit at the open on Wednesday, breaking down to the 113.40 level. We did bounce from there, but we are starting to see resistance at the 24-hour exponential moving average, and more...
The US dollar fell during the trading session on Wednesday, breaking below the 24-exponential moving average on the hourly chart against the Canadian dollar. We are testing the 1.27 level, and I think at this point that...
The British pound fell rather hard during the day on Wednesday, reaching down towards the 1.31 handle. There is a certain amount of support there though, extending down to the 1.30 level after that. I believe that...
The EUR/USD pair did very little during the day on Wednesday, as we continue to bang around the 1.16 level. I think that the 1.17 level above is essentially the “ceiling” in the market, as more than...
The AUD/USD pair rallied a bit during the day on Wednesday, but continues to struggle at the downtrend line that I have marked on the one-hour chart. I believe that this slight pullback could be the beginning...
