The USD/CAD pair initially dipped on Monday, but then turned around to reach towards the 1.34 handle. A break above there would send this market reaching towards the 1.35 handle, which is a massive resistive barrier, but...
The GBP/USD pair fell during the day on Monday, as they have tested the uptrend line. A break down below there is a very negative sign, and the British pound should continue to go much lower. A...
The AUD/USD pair initially trying to break back above the 0.73 level, but at this point it’s likely that the market will continue to drop from here. After all, we couldn’t hang onto the gains, so with...
The USD/JPY pair fell slightly during the day on Friday, as we are starting to get a little bit exhausted after the massive amount of bullish pressure that we have seen. I still think that the 150...
The USD/CAD pair initially tried to rally on Friday but gave back some of the gains in order to form something akin to a shooting star. I think we are going to roll over from here but...
The British pound bounced off an uptrend line during the day on Friday as we reached back towards the 1.25 handle. I still think this market breaks down given enough time, and a break down below the...
The EUR/USD pair had a slightly positive candle, but at the end of the day it still remains below the 1.05 level which is very bearish. I think that this market breaks down from here and reaches...
The AUD/USD pair broke down on Friday, making a fresh, new low. The 0.73 level is broken, and as a result it looks like we are going to continue to go lower. Any short-term rally at this...
The USD/JPY pair rallied again on Thursday as we continue to see US dollar strength in general. The 115 level should now be massively supportive, and essentially the “floor” in this market. A pullback should find plenty...
The USD/CAD pair rallied on Thursday, as we continue to see quite a bit of bullish pressure in this market. The 1.34 level of course is a large, round, psychologically significant number, but I believe that the...