The USD/JPY pair rallied on Tuesday, as we continue to see quite a bit of volatility in this pair. This is a market that continues to find buyers every time we drop, because of the relative “value”...
The USD/CAD pair initially tried to rally on Tuesday, but turned around to form a slightly negative candle. This slightly negative candle could lead to a short-term pullback, but I think that the markets may settle down...
The GBP/USD pair fell during the session on Tuesday, breaking below the bottom of the uptrend line from previous weeks. Because of this, I think that the market is going to start drifting lower, and if we...
The EUR/USD pair fell on Tuesday, making a fresh, new low. In fact, this was a 14 year low in this pair, so it’s obvious that the Euro is absolutely broken. Currently, I believe that the rallies...
The AUD/USD pair initially fell on Tuesday, but found enough support just above the 0.72 level to turn things around and form a hammer. The hammer of course is a very bullish sign, but even if we...
EURAUD has been trending lower on its 1-hour chart, moving inside a descending channel connecting the latest highs and lows. Price just bounced off the channel resistance at the 1.440 major psychological level and could head back...
The USD/JPY pair fell on Monday, as we continue to see a lot of action in this market. Quite frankly, this is a market that is overextended at this point, so I like the idea of the...
The USD/CAD pair initially dipped on Monday, but then turned around to reach towards the 1.34 handle. A break above there would send this market reaching towards the 1.35 handle, which is a massive resistive barrier, but...
The GBP/USD pair fell during the day on Monday, as they have tested the uptrend line. A break down below there is a very negative sign, and the British pound should continue to go much lower. A...
The AUD/USD pair initially trying to break back above the 0.73 level, but at this point it’s likely that the market will continue to drop from here. After all, we couldn’t hang onto the gains, so with...
