EURCAD has been trending lower, moving inside a descending channel on its 4-hour chart. Price has bounced off support and has made its way towards resistance at the 1.4650 minor psychological level, which might continue to keep...
The USD/JPY pair fell a bit during the day at the open on Friday, but then bounced again, only to find sellers again. The market looks as if it is going to test the 110.50 level, which...
The US dollar was initially stable against the Canadian dollar during the trading session on Friday, but as the GDP numbers came out from both countries, the Canadian GP was a bit stronger. This sent the market...
The British pound went sideways during most of the session, but then shot to the upside as the Americans came back to work. Lately, the American seem to be much more bullish of European currencies than the...
The EUR/USD pair went higher during the day, it is grinding over the longer term. It looks as if the market is testing the 1.1750 level, and a break above there should send this market much higher....
The AUD/USD pair initially went sideways during the day on Friday, but didn’t the bit to find support near the 0.7950 level. We then slammed into the 0.80 level above, which is a psychologically important level, and...
The US dollar fell initially during the day on Thursday but found enough support near the 110.80 level to turn around and break back above the 111 level. This is a bullish sign, and I think that...
The US dollar went sideways initially during the session on Thursday, but eventually started to gain against the Canadian dollar. However, now that we are above the 1.25 level I think that the real fight begins. I...
The British pound initially rally during the day on Thursday, continuing the bullish pressure that we had seen on Wednesday. We went sideways for a while, but as the Americans came online, this pair rolled over again,...
The EUR/USD pair continue to rally a bit during the day on Thursday, but gave back a significant amount of the gains that we had on Wednesday. In fact, we are below the 1.17 level as I...
