USD/JPY rebounds on Tuesday
The US dollar has rallied during the trading on Tuesday, reaching towards the 106.50 region. If we can break above there, the market then goes to the 107.50 level over the longer term. However, this is a...
Author: FX Empire
USD/CAD roles over a bit on Tuesday
The US dollar has rolled over a bit against the Canadian dollar after initially trying to rally on Tuesday but found the 1.2925 level to be a bit resistive. We pulled back from there to reach towards...
GBP/USD bouncing around in range bound trading
The British pound has been very noisy during the trading session on Tuesday, as we continue to see a lot of noise in this market, just above the 1.40 level. That’s an area that has a certain...
EUR/USD shows signs of stagnation on Tuesday
The EUR/USD pair has been very choppy over the last couple of sessions, as we await the jobs numbers on Friday, as it will obviously have a major influence on where the currency markets move next. There...
AUD/USD choppy as we await jobs numbers
The Australian dollar has been very noisy during trading on Tuesday, as we continue to find resistance at the 0.77 handle. That area caused the market to pull back at least twice during the day, and it...
US dollar falls against the Japanese yen initially on Thursday
The US dollar fell during the trading session on Thursday, reaching down towards the 106.50 level, which is an area that of course has been important more than once. It is looking to offer a bit of...
The US dollar falls against the Canadian dollar
Looking at this market, the first thing that I notice is that the 1.2950 level has been resistance several times. However, the lows are starting to get higher, and that suggests that we are going to go...
The British pound slams up against the ¥150 level
The British pound chopped around against the Japanese yen during trading on Thursday, as the vital 150 level is just above. This was the previous uptrend line on the daily chart, and of course a large, round,...
Euro softens a bit during trading on Thursday
The Euro bounce around during trading on Thursday, initially tried to rally, but then rolled over to test the 1.23 level again. I think that this level could be supportive, but I also recognize that we have...
Australian dollar bounces on Thursday, testing resistance
The Australian dollar rallied a bit during the trading session on Thursday, reaching towards the 0.77 handle. This is an area that I think is going to be a bit resistive, suggesting that perhaps we could find...