USDCAD has been trending higher on its short-term time frame, moving above a rising trend line connecting the latest lows of price action on the 1-hour chart. Price appears to be hitting a resistance at the 1.3150...
The USD/JPY pair fell during the day on Monday, as the 110 level has proven to be a bit too resistive. Because of this, it shows that we are going to struggle to get above there. However,...
The USD/CAD pair did very little during the course of the day on Monday, as we continue to meander around the 1.31 handle. Quite frankly, it looks a little bit exhausted, so we could very well pullback....
The GBP/USD pair went back and forth during the course of the session on Monday, testing the 1.45 level in a couple of different directions. Ultimately, we will trade in the same direction that we break out...
The EUR/USD pair initially tried to go higher on Monday, but turned back around to form a slightly negative candle. The area just below the 1.12 level is massively supportive, and as a result it makes sense...
The AUD/USD pair went back and forth on Monday, as we continue to struggle with the 0.73 level. Any rally at this point in time should have to deal with quite a bit of resistance, going all...
EURAUD has been climbing recently but these rallies could hit a barrier around the top of the descending triangle on its daily time frame. This is located around the 1.5800 major psychological level, with a turn lower...
EURGBP recently made a break below the head and shoulders neckline support then dipped to a low of .7650. Price is showing signs of a pullback from the breakout move, possibly retesting the broken neckline around .7750-.7800. ...
The USD/JPY pair initially tried to rally during the day on Friday but turned back around to form a bit of a shooting star. Because of this, it looks as if the market could pull back from...
The USD/CAD pair rose during the course of the session on Friday, as we continue to see gains in the US dollar. However, there is a bit of a barrier at the 1.32 level, so having said...
