The USD/CAD pair rallied on Tuesday as traders came back to work. The 1.35 level now looks to act as supportive, and therefore think short-term pullbacks will be buying opportunities is a market looks to break out...
The USD/GBP pair fell slightly on Tuesday as we came back from Christmas celebrations. The 1.2250 level offered a little bit of support, but I believe that this is at best “soft support”, meaning that any balance...
The EUR/USD pair had a quiet session on Tuesday as traders are just returning from the Christmas holidays. This is a market that should continue to see resistance on the 1.05 level above, an area that was...
The AUD/USD pair did almost nothing on Tuesday as traders came back, so I believe that any time we rally from here sellers will step back into this market and punish the Australian dollar every time he...
The USD/JPY pair went back and forth during the day on Thursday, as it looks like we are running out of steam. Ultimately, I do believe that the buyers returned but we need a pullback to pick...
The USD/CAD pair broke higher during the day on Thursday, testing the 1.35 level for resistance. We turned around at that level, so of course it looks as if we are going to struggle to break above...
The British pound fell on Thursday, as we continue to grind lower. In fact, we have broken below the 1.23 level, so it looks as if the market will probably continue down to the 1.21 Anna below....
The EUR/USD pair rose on Thursday, but found quite a bit of resistance at the 1.05 level. This is an area that was massively supportive in the past, so it’s not a surprise that it is resistive...
The Australian dollar had a volatile session on Thursday as we continue to bang around at fresh, new lows. I believe that the market is going to reach down to the 0.70 level underneath, and at this...
The USD/JPY pair initially fell on Wednesday but found enough support underneath to turn things back around and form a hammer. That suggests that we are going to continue to go higher, perhaps reaching towards the 120...
