The EUR/USD pair fell during the day on Thursday, breaking below the 50-day exponential moving average. If we can break below the hammer from the Wednesday session, I believe that the EUR/USD pair will continue to drop...
The AUD/USD pair went back and forth on Thursday, showing signs of confusion. I think there is more than enough support below at the 0.76 level to keep the market going higher, and eventually reaching towards the...
The USD/JPY pair found the 112.50 level to be resistive enough to keep the market down again during the day on Wednesday. A break above that level should send this market reaching towards the 113.50 level, and...
The US dollar fell a bit against the Canadian dollar, but still has a significant amount of support just below current trading levels. Because of this, I believe that it is only a matter of time before...
The GBP/USD pair fell initially during the day on Wednesday, but turned around and found quite a bit of support near the 1.25 handle. Because of this, the market looks as if it is going to continue...
The EUR/USD pair fell during the session on Wednesday, but found enough support underneath to form a hammer. It looks as if the pair is going to consolidate between the 50-day exponential moving average and the 100-day...
The AUD/USD pair rallied during the day on Wednesday, showing signs of life again. This is a market that has recently rallied, and thus it looks as if the 0.75 level is going to continue to be...
The USD/JPY pair broke higher during the Tuesday session, reaching towards the 112.50 level. If we can close above there, that would be a very bullish sign and should send this market looking for the 115 handle...
The USD/CAD pair rallied during the day on Tuesday, breaking above the 1.31 handle again. In fact, we reached all the way to the 1.32 handle, and with the Crude Oil Inventories number coming out during the...
The British pound fell rather hard during the day on Tuesday against the US dollar, as the 1.25 level offered too much resistance. However, I do see that there is another support level down at the 1.2250...
