The US dollar rallied against the Canadian dollar right off the bat during the Monday session, and then went sideways. Then we would reach towards the 1.25 level above, which is a psychologically important level in this...
The GBP/USD pair initially fell on Monday, as we drifted down towards the 1.31 level underneath. However, as the Americans came on board we ended up seeing the British pound explode to the upside, and break out...
The EUR/USD pair initially dipped on Monday, but found enough support at the 24-hour exponential moving average to turn around and explode to the upside. We have now broken out, as the 1.1750 level offered a significant...
The Australian dollar went sideways during the Monday session, as we continue to see a lot of noise around the 0.80 handle. This is a level that goes back decades on the chart, and it causes quite...
GBPUSD has been trending higher and moving inside an ascending channel on its daily time frame. Price is making its way to the top of the channel and could be due for a bounce off the 1.3300...
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....
