The Australian dollar initially spiked higher during the day on Thursday, but found enough resistance at the 0.8050 level to turn around and fall below the 0.80 level. I think that we are now testing support at...
AUDNZD recently broke past the resistance at the 1.0550 minor psychological level then zoomed up to the 1.0800 levels before pulling back. Applying the Fib tool on the latest swing low and high on the 4-hour time...
The United States dollar initially fell against the Japanese yen but then turned around to show signs of strength later in the day. As we wait the FOMC meeting, the question now remains whether the Federal Reserve...
The USD/CAD pair went sideways initially during the course of the session on Wednesday, as the world awaited the FOMC statement. We are hovering just above the 1.25 handle, and that of course is a very important...
The GBP/USD pair initially went sideways during the session on Wednesday, but found the 1.30 level to be supportive enough to continue to push this market to the upside. I think that the market will eventually try...
The EUR/USD pair did very little initially during the day on Wednesday as we awaited the FOMC statement. Ultimately, the market looks as if it is stock in some type of consolidation between the 1.1625 level on...
The Australian dollar fell initially during the day on Wednesday, but found enough support at the 0.7880 region to turn around and bounce. As we await the FOMC minutes later in the day on Wednesday, I believe...
USDCAD continues to trend lower and is moving inside a descending channel visible on the 1-hour time frame. Price is currently testing support and could be due for a pullback to the resistance once more. Stochastic is...
The US dollar initially fell on Tuesday, but found enough support to break out to the upside. On the daily chart, this broke the top of a hammer, and that of course is a very bullish sign....
The US dollar chopped around quite significantly against the Canadian dollar during the session on Tuesday, as we continue to see significant amounts of noise in the Forex markets. The 1.25 level underneath of course is a...
