GBP/USD has broken above the 1.65 level, which is a sizeable marker for this pair. The pair will certainly struggle until 1.70, but does look bullish overall. Because of this, we are finding this market very constructive....
The USD/JPY had a quiet day today as the Good Friday holiday slowed markets down. In fact, the analysis is the same as yesterday – we may struggle a bit at the 81-82 levels, but this area...
EUR/USD broke above 1.45 this week and shows that the EUR/USD trend is serious. The market looks to run to 1.50, and one would have to believe that this market will find it fairly soon. The selling...
The GBP/USD broke the 1.64 mark today, showing that it is continuing to strengthen. This is especially true since the last low only feel a couple of handles. This pair looks ready to charge at 1.65, and...
The USD/CHF fell hard today, showing that the sellers have stepped back in. The all-time lows have been broken, and this shows fresh selling is happening. Because of this, the long-term bearish trend is in full force,...
The EUR/USD broke the 1.45 mark on a close today, signaling more buying to be had. Because of this, we are even more adamant about not wanting to be short this market. Buying on pullbacks is the...
The USD/JPY was very quiet today, sitting at the important 82.50 area. This area looks to be support, but only time will tell if that is true. Waiting to see a massive move in one direction or...
The AUD/USD has reached and moved beyond our projected 1.07 target today, as the bulls keep buying this pair. Certainly it looks like a pullback could be needed – but selling isn’t an option. Simply wait until...
The USD/CAD pair extended its drop on Wednesday, where a weak U.S. dollar in addition to rising commodities helped the Canadian dollar to rise and push the USD/CAD pair to the downside, where optimism spread through financial...
The Swiss economy will release today M3 money supply for the year ending March, yet the news is expected to have slight effect on the pair’s movement that will be more affected by US data. As of...
