The British pound initially rally during the trading session on Monday, breaking above the significantly resistive 1.3333 handle. As I record this though, we are turning around to form a bit of a shooting star on the...
The EUR/USD pair rallied initially during the trading session on Monday, reaching towards the 1.1950 level above, and then pulled back towards the 1.19 level underneath. I think that the market is starting to struggle a bit,...
The Australian dollar has been very volatile during Monday trading, initially surging higher during the day, but finding enough resistance near the 0.7650 level to roll over and sell off rather significantly. The daily candle looks very...
The US dollar drifted a bit lower during the day on Tuesday, drifting down towards the 112 level. The 112 level has been supportive in the past, and as a result it’s likely that the buyers are...
The US dollar has been extraordinarily volatile against the Canadian dollar during the trading day on Tuesday. Because of this, the market is likely to cause a lot of trouble for traders who can handle the volatility,...
The British pound has been very choppy over the last several sessions, bouncing from the 1.32 level underneath, which offers support. The uptrend line on the hourly chart looks very likely to be supportive as well, and...
The EUR/USD pair has been rather stagnant during the trading session on Tuesday, initially going sideways and then dipping towards the 1.1720 level. I think that the 1.17 level continues to be very supportive, so I am...
The Australian dollar rallied significantly during the trading session on Tuesday, using the RBA announcement as a bit of a catalyst. However, there are several other reasons that the market is going to continue to struggle. The...
The US dollar was initially flat against the Japanese yen on Monday, as the 112 level has offered significant support. Because of this, we rallied towards the 112.50 level above, which is significant, as the 112-level needed...
The USD/CAD pair rallied initially during the trading session on Monday, but then fell back towards the 1.2750 level underneath to find support again. He then bounced towards the 1.28 level, as we continue to see significant...