NZDUSD has recently broken past a key resistance level at the .6600 major psychological mark then zoomed up close to the .6800 handle before showing signs of a pullback. Using the Fib tool on the latest swing...
EURAUD has been in a steady downtrend on its longer-term time frames, with a descending trend line connecting the latest highs of price action. Price made a sharp pop higher after last week’s ECB rate statement but...
The USD/JPY pair bounced during the day on Friday as the employment numbers came out much stronger than anticipated. When the US jobs numbers go up, it’s quite common for this pair to do the same. It...
The USD/CAD pair went back and forth during the course of the day on Wednesday as we got employment numbers out of both the United States and Canada. Because of this, the market would always be volatile...
The GBP/USD pair fell slightly during the course of the session on Friday, as we collected some of the gains from the Thursday session. Ultimately though, we recognize that the market had a very bullish run recently,...
The EUR/USD pair fell slightly during the course of the session on Friday, as the previous uptrend line now is offering quite a bit of resistance. On top of that, the 1.10 level above is a large,...
The AUD/USD pair went back and forth during the course of the day on Friday, testing the 0.74 level. We ultimately pulled back to form a bit of a neutral candle, but the range is getting wider...
GBPAUD has been on a steady downtrend but just enjoyed a nice pop higher after the release of today’s set of data from Australia and the UK. This opens the possibility of a correction to the trend...
The USD/JPY pair fell apart during the day on Thursday as we sell broad US dollar selling. However, this was predicated mainly upon the European Central Bank not offering as much stimulus as anticipated, and as a...
The USD/CAD pair tried to rally during the course of the day on Thursday, but turned back around to give up about half of the gains. Ultimately though, the thing that we know about this particular pair...
