The EUR/USD pair initially fell on Tuesday, but found enough support underneath to bounce a bit and reach towards the 50-day exponential moving average. I still think that there’s a lot of resistance just above, so on...
The AUD/USD pair bounced off the 0.7650 level during the session on Tuesday, as we continue to consolidate overall. The market should then reach towards the 0.7740 level, and eventually I think we break above the 0.7750...
The USD/CAD pair had a slightly positive session on Monday, as the 1.31 level attracted buying pressure. The fact that we formed a hammer on Friday was the first significant sign that we could bounce, and a...
The USD/JPY pair went back and forth on Monday, as we continue to test the 30.2% Fibonacci retracement level. This is an area that should continue to offer support, and I think the support runs down to...
The GBP/USD pair initially fell on Monday but found enough support near the 1.24 level to turn things around and form a hammer. That of course is a bullish sign in the fact that we been consolidating...
The EUR/USD pair rallied on Monday, as we continue to see plenty of volatility. I believe that the 50-day exponential moving average, pictured in red on the chart, will continue to be resistance. We are in a...
The AUD/USD pair chopped around during the day on Monday, as we continue to see quite a bit of volatility. The market should then try to reach towards the 0.7750 level above, so I feel that it’s...
The USD/JPY pair initially tried to rally during the day on Friday, but turned around to test the 112 level. Ultimately, the market does see a significant amount of support just below, so having said that it’s...
The USD/CAD pair fell during the day on Friday, but turned around to form a hammer. Having said that, the weekly candle is a shooting star, so I think were to continue to see quite a bit...
The GBP/USD pair fell during the day on Friday, testing the 1.25 level for support. Ultimately, this is a market that should continue to find quite a bit of volatility, the 1.24 level underneath is supportive. We...
