The Australian dollar initially fell on Tuesday but found buyers below to start pushing higher again. We are currently testing the 0.74 handle, and now looks as if the upward momentum could continue. However, I see a...
GBPJPY recently broke below a head and shoulders reversal formation, signaling that a long-term downtrend is in the cards. Price seems to be pulling up from its slide, though, and applying the Fib tool on the latest...
The USD/JPY pair initially tried to rally on Monday but turned around and found quite a bit of bearish pressure. I believe that the 115 level below will be massively supportive though, and act as a floor....
The USD/CAD pair went back and forth on Monday, as we continue to see quite a bit of volatility in the oil markets. That obviously has a significant amount of influence on this market, and because of...
The GBP/USD pair fell again on Tuesday, breaking down to make a fresh, new low. Although we did bounce towards the end of the session, I think this clearly suggests that we are going to make a...
The EUR/USD pair had a positive reaction to testing the 1.05 level, forming a green candle. By doing so, looks as we continue to see lots of volatility but I still think that the 1.07 level above...
The AUD/USD pair bounced off the 0.73 level during the session on Monday, showing signs of massive support. By doing so, the market looks as if it is ready to continue trying to rally, but given enough...
EURAUD recently broke past resistance at the 1.4400 major psychological level and zoomed up to the 1.4700 area. Price has since pulled back and is currently testing the broken resistance at the 50% Fibonacci retracement level. ...
USDCAD has been trending higher on its long-term time frames, moving inside an ascending channel that has held for the most part of 2016. Price is currently testing the channel support and could be due for a...
The USD/JPY pair fell significantly during the day on Thursday, reaching towards the 115 handle. That level should be support, as it was once resistance. Ultimately, we are in a nice uptrend and should see support all...
