The EUR/USD pair initially rallied on Wednesday but turned around to fall significantly, as we continue to drift down to the 1.05 level underneath. That is an area that has been massively supportive in the past, so...
The AUD/USD pair fell during the day on Wednesday, breaking through the 0.75 handle. I think that the support extends all the way down to the 0.7450 level though, so having said that it’s likely that the...
A few days back, EURJPY broke out of its range visible on the 4-hour time frame and reached a high of 117.50. From there, price showed signs of a retracement and applying the Fib tool on the...
USDCAD recently broke past the 1.3500 major psychological resistance and climbed close to the 1.3600 mark before pulling back. Applying the Fib tool on the latest swing low and high shows that the 50% level lines up...
The USD/JPY pair broke down during the day on Monday, clearing the 107.50 level. This is an area that has caused quite a bit of resistance in the past so the fact that we broke above there...
The USD/CAD pair continues to grind higher as oil markets falter. Now that we are above the 1.35 level, the market will then more than likely reach towards the 1.40 handle, perhaps even higher than that. Short-term...
The British pound fell against the US dollar during the day on Monday, as we broke below the 1.25 handle. However, I think there is a significant amount of support just below so I think it’s probably...
The EUR/USD pair broke down below the 1.08 level, extending the bearish pressure even further. We have had an absolute meltdown when it comes to the value of the Euro, and it seems like it’s going to...
The AUD/USD pair did very little on Monday, as we continue to meander just above the uptrend line that has been so supportive on the longer-term charts. Beyond that, we also have the 0.75 level just below,...
USDJPY has completed its correction to the broken long-term trend line extending all the way back to 1998 so the reversal could resume from here. This coincides with the 50% Fibonacci retracement level on the swing low...
