The USD/CAD pair broke down significantly during the early part of the trading session on Monday, breaking below the 1.25 handle. The 1.25 level of course is a significant round number, and of course will attract a...
The British pound initially rally during the Monday session, but pulled back to the opening price in order to find buying pressure. It did, so therefore we continue to grind higher, and it looks as if the...
The EUR/USD pair went sideways during the session on Monday, and broke down towards the 1.1625 handle underneath. The market finding support underneath is not much of a surprise, because it had been resistive. I believe that...
The Australian dollar initially when higher during the day and then pulled back on Monday as we continue to see volatility. The 0.80 level above should be massive resistance, but if we can break above there I...
EURUSD has been trending higher after breaking past a long-term resistance level last week. Price is trading inside an ascending channel visible on its 1-hour time frame and is currently bouncing off the resistance. This could spur...
USDCAD keeps trending lower and is moving inside a descending channel pattern on its 1-hour time frame. Price is currently testing support near the 1.2550 minor psychological level and could be due for a bounce back to...
The US dollar fell significantly during the Friday session against the Japanese yen, slicing below the 111.50 level. Because of this, the market then fell towards the 111 handle, which of course has a certain amount of...
The US dollar fell again against the Canadian dollar during the session on Friday, as we reached towards the 1.25 handle. That’s an area that should cause a bit of support, but when you look at the...
The British pound initially rose during the day on Friday but found enough resistance at the 1.30 level to roll over and it now looks as if we are going to continue the move lower. I think...
The EUR/USD pair initially went sideways on Friday, but then spiked higher. The 1.1650 level offered enough resistance to turn the market around, but as I record this it looks as if we are continuing to go...
