The EUR/USD pair broke down on Tuesday, as the 1.0750 level offered quite a bit of resistance. The market formed a very negative looking candle, and we are now testing the bottom of the 50-day exponential moving...
The Australian dollar fell a bit during the session on Tuesday, testing the 0.76 level underneath. We found a bit of support there, and the market bounced enough to show signs of volatility. I believe longer-term the...
The USD/JPY pair went back and forth on Monday, just below the 112.50 level. The 112 level continues to offer support, and I believe that the support extends all the way down to the 111.50 level. Because...
The US dollar rallied against the Canadian dollar during the session on Monday, slicing through the 1.31 handle. Because of this move, I believe that the US dollar will continue to pick up against the Canadian dollar...
The British pound fell a bit during the day on Monday, as we find yourselves testing the 1.24 level. That’s an area that I think is the bottom of significant support, so if we can break above...
The EUR/USD pair continues to bounce around between the 50-day exponential moving average and the 100-day exponential moving average. We have an equilibrium somewhere near the 1.0750 level, so I’m not overly excited about trading this pair...
The Australian dollar fell during the Monday session, as we continue to see volatility in the Forex markets. I still believe that there is a significant amount of support just below though, so I’m looking for buying...
The USD/CAD pair initially tried to rally during the day on Friday, but found enough resistance to turn things around and reach below the 1.30 level. If we can make a fresh, new low, then I believe...
The GBP/USD pair fell during the day on Friday, but turned around to form a nice-looking hammer at the 1.25 handle. This is a very bullish sign and if we can break above the top of a...
The EUR/USD pair initially fell on Friday after the jobs number, but turned around to form a massive hammer. The hammer sits above the 1.0750 level, which is very important. If we can break above the top...
