The EUR/USD pair fell during the session on Monday, as the 1.25 level has offered significant resistance, as the market continues to struggle. We believe that this market should then go to the 1.2050 handle, which is...
The AUD/USD pair fell during the course of the day on Monday, testing the 0.86 level. This market looks like it’s ready to go lower as we have turned back around in the vicinity of what looks...
AUDUSD has recently broken below the .8700 major psychological support zone and dipped to the .8550 area before making a pullback. This correction might last until the broken support area and the Fibonacci retracement levels on the...
GBPUSD has been steadily moving lower, as a descending trend line can be drawn to connect the recent highs of price action. At the same time, stochastic is indicating overbought conditions, suggesting that sellers could take control...
The USD/JPY pair continues to go higher, as we are fighting with the 115 level. We believe the pullbacks at this point time should be buying opportunities as the market continues to strive higher. We also believe...
The USD/CAD pair broke higher during the course of the session on Friday, but still remains a bit capped in this area. We believe that the 1.15 level will eventually break out and above though, and with...
The GBP/USD pair continues to grind lower as you can see, as the market now looks like its set to go towards the 1.55 handle. A break below the 1.58 level, we believe that’s essentially the “greenlight”,...
The EUR/USD pair fell hard during the session on Friday, breaking down below the 1.24 level. With that being the case, look like the sellers are in complete control and we should continue to go much lower....
The AUD/USD pair fell during the course of the session here on Friday, but continues to offer a “one-way trade. With that being the case, we feel that eventually the market will head to the 0.80 handle,...
Here are the Top 5 Forex Developments for the trading week between 11/03/14 and 11/07/14: Number One: US NFP Report Today forex traders received the NFP report out of the US for the month of October. The...
