The US dollar went back and forth during the day on Tuesday, showing signs of support below. The 1.32 level is massively supportive, so we can break above the top of the candle for the session on...
The British pound initially tried to rally on Tuesday but found enough resistance above to turn things around and form a bit of a shooting star. Because of this, it’s likely that the markets will break down...
The EUR/USD pair initially rallied on Tuesday, but turned around at the 1.08 level. This is an area that has seen some resistance in the past, and should now continue to fall from here. The market reacted...
The AUD/USD pair fell during the day on Tuesday, as we continue to see quite a bit of resistance near the 0.75 handle. A break down below the bottom of the candle should continue to send this...
Cable has been trending higher recently, moving inside an uptrend channel visible on its 1-hour chart. Price just hit the top of the channel and is showing signs of a pullback to support at the 1.2500 major...
EURUSD made such a strong rally in recent trading and might be due for a quick pullback ahead of top-tier events. Applying the Fib tool on the latest swing high and low on the 1-hour chart shows...
USDCAD is trending lower, moving inside a descending channel on its 1-hour time frame. Price just bounced off the channel support and is making its way up to the resistance at the 1.3400 major psychological level. ...
The USD/JPY pair fell slightly during the Friday session after the jobs number came out at roughly expected figures. However, there seems to be less inflationary pressure than anticipated, and that of course will bring back some...
The USD/CAD pair fell on Friday at the beginning of the day, but as we went into the afternoon during North American trading, the market turned around to form a supportive looking hammer. Because of this, it’s...
The GBP/USD pair broke higher during the day on Friday, as we start to approach the 1.27 level yet again. This is an area that I think will break, and once it does we will probably make...
