The Australian dollar initially tried to rally during the day on Tuesday, but found the 0.74 level above to be far too resistive. Because of this, the market looks as if it is going to turn around...
AUDUSD recently broke below the descending triangle support visible on its 4-hour time frame. Price found support near the .7300 major psychological level then started to pull up. Applying the Fib tool on the latest swing high...
The US dollar continues to grind higher against the Japanese yen as we now find yourselves testing the 111 handle. However, this is an extraordinarily oversold market, so I’m not willing to go long here. I need...
The Australian dollar rally during the day on Monday, as we continue to see a bit of a bounce later in the session. This is a market that has a significant amount of bearish pressure above it...
USDCAD seems to be tired from its climb, as a double top pattern formed on its 1-hour time frame. Price is still testing the neckline at the 1.3400 major psychological level before conrfirming this reversal signal. A...
EURAUD has formed a double bottom on its 1-hour time frame, signaling that price may be tired from its drop. The pair has yet to break past the neckline around 1.4550-1.4600 before confirming the potential climb. ...
The USD/JPY pair initially fell on Friday but then continued the bullish pressure that we have seen. It now looks as if we are ready to go even higher, as the surprise election of Donald Trump has...
The USD/CAD pair struggled a bit during the day on Friday as we continue to meander around the 1.35 handle. Ultimately though, this is a market that has quite a bit of bullish pressure underneath, and as...
The British pound fell during the day on Friday, as we continue to reach towards the 1.23 level. If we can break down below there, the market should then reach towards the 1.21 handle below, or possibly...
The EUR/USD pair fell on Friday as we continue to see quite a bit of bearish pressure. However, we are approaching the 1.05 level which should be massively supportive, so I’m waiting to see whether or not...
