The AUD/USD pair broke out during the day on Thursday, clearing the 0.73 level. We are dealing with a significant amount of resistance in this general vicinity, but it looks as if the Australian dollar is trying...
The USD/JPY pair initially broke out during the day on Tuesday but found enough resistance above the turn around and suddenly form a semi exhaustive looking candle. I still believe longer-term we go much higher, so I...
The US dollar had a choppy session against the Canadian dollar on Tuesday as traders continue to come back from the holiday season. We are currently testing the 1.34 level for support, and finding it. I also...
The GBP/USD pair went back and forth on Tuesday, but ultimately settled on a somewhat neutral candle. I think the we could bounce from here, but we should find plenty of resistance above. I’m waiting to see...
The EUR had an extraordinarily volatile session on Tuesday as traders came back. At one point, we made a fresh new low. However, we turned around to form a candle that could be thought of as somewhat...
The Australian dollar rallied on Tuesday, as we continue to consolidate. This is a market that is a little bit oversold, so either consolidation or a bounce is needed to attract more sellers. Pay attention to the...
The GBP/USD pair rallied on Friday, showing signs of position squaring for the end of the year. There is still a significant uptrend line that had previously been so supportive just above, and it should now cause...
The EUR/USD pair went back and forth during the day on Friday, testing the 1.05 level for support. We have recently seen a spike in this market, but quite frankly a lot of this would have been...
The Australian dollar went back and forth during the day on Friday, as liquidity would have been a bit of an issue. I believe that the market could rally a bit from here, but the 0.73 level...
The USD/JPY pair fell on Thursday, reaching down to lower levels, but I feel that there is more than enough support at the 115 level below in order to keep the longer-term trend viable. In fact, I...
