The EUR/USD pair broke down during the day on Thursday, slicing through the 1.05 level. This is an area that was so supportive recently that it’s now a very negative sign for the Euro. I believe now...
The AUD/USD pair fell during the day on Thursday, reaching towards the 0.73 level below. That is an area of that is massively supportive, but I think we will break down below there given enough time. Anytime...
GBPJPY is still trending higher, moving above a rising trend line on its 1-hour chart and getting ready for another test of support. The trend line coincides with a former resistance at the 146.00 to 146.50 levels,...
The US dollar did very little during the day against the Japanese yen as we awaited Federal Reserve interest rate statement. Ultimately, this is a market that every tally pullback there should be buyers below, and as...
The US dollar initially fell during the session on Wednesday but found enough support at the previous uptrend line that we turned around and formed a bit of a hammer. The suggest that we could rally, but...
The GBP/USD pair had a slightly positive candle form for the Wednesday session. The 1.27 level continues to attract a lot of noise though, so having said that I think that it will remain choppy. If we...
The EUR/USD pair had a slightly positive Wednesday, as we continue to bounce around and show signs of consolidation. I believe that there is a significant amount of resistance near the 1.0750 level above, so if we...
The Australian dollar went back and forth during the day on Wednesday, breaking above the 0.75 level. At this point, a rally will continue to face a little bit of trouble above, but more importantly you have...
AUDUSD broke down from its wedge formation after the FOMC statement but signs of a correction are materializing. Applying the Fib tool on the breakdown move shows that the 50% level lines up with the broken wedge...
The USD/JPY pair rallied slightly during the day on Tuesday, as the 115 level offered a little bit of support. This is a market that has been extraordinarily bullish as of late, so I think it’s only...
