The GBP/USD pair initially rallied during the day on Thursday, but found enough selling pressure to reach towards the 1.25 handle. We’ve seen quite a bit of volatility in the British pound over the last 24 hours,...
The EUR/USD pair rallied during the day on Thursday, as the 100-exponential moving average is offering support. We did give back a little bit of the gains, but I think given enough time we will continue to...
The AUD/USD pair continues to show strength, as we broke out during the day on Thursday. However, we did get a little bit overextended so I feel that the market will probably drop from here to find...
GBPAUD has formed lower highs and higher lows on its dailytime frame, creating a symmetrical triangle formation on the long-term chart. Price just bounced off the triangle resistance and could be due for another test of support....
EURUSD continues to trend higher, moving inside an ascending channel on its 1-hour chart. Price just bounced off the resistance at 1.0800 and might be due for a test of support at 1.0700. The 100 SMA...
The USD/JPY pair broke down during the day on Tuesday, testing the 112.50 handle. There has been a bit of a push back just below there, so will be interesting to see whether we can bounce from...
The US dollar sliced through the 1.30 level against the Canadian dollar during the session on Tuesday, but bounced enough to show signs of life. However, today we get the Crude Oil Inventories announcements coming out of...
The GBP/USD pair initially fell on Tuesday, but turned around and broke above the 1.25 level during the day. The market looks as if it is ready to reach towards the 1.2750 level above. The market has...
The EUR/USD pair broke higher during the Tuesday session, reaching above the 100-exponential moving average late in the session. There is a significant amount of bullish pressure underneath, so given enough time the market should then reach...
The AUD/USD pair initially tried to rally during the day on Tuesday, but gave back a little bit of the gains once we get close to the 0.73 handle. Once we break above there, I believe that...
