The British pound initially tried to rally during the day on Tuesday, but found the 1.3225 region to be too resistive again, as we have seen the market pull back from that level a couple of times...
The EUR/USD pair rallied a bit during the day on Tuesday, reaching towards the 1.1775 level. The market pulled back a little bit from there, but as the Americans came on board, we continue to see bullish...
The Australian dollar initially rallied on Tuesday, using the 0.78 level as support. The 0.7850 level above was resistance during the previous session, but we could even make it to that level. It look very bullish initially,...
The US dollar gapped higher against the Japanese yen at the open on Monday, as Abe won the elections easily in Japan, which of course is good for the Nikkei, and suggests that we are to continue...
The US dollar rallied against the Canadian dollar after initially dropping during the day on Monday. We have broken decidedly above the 1.26 level, and that being the case it’s likely that the market is ready to...
The British pound rallied initially on Monday, but found enough resistance near the 1.3225 level to turn around and fall back towards the 1.3160 handle. Since then, we have stabilized a bit, and this essentially looks as...
The EUR/USD pair initially fell on Monday, bounced a bit towards the 1.1775 level, but then rolled over significantly to reach down towards the 1.1725 handle before slightly bouncing again. If we break down to a fresh,...
The Australian dollar tried to rally during most of the session on Monday, but ran into a buzz saw of resistance near the 0.7850 level, and then pulled back to test the vinyl 0.78 handle. This is...
The US dollar rallied against the Japanese yen during the trading session on Friday, as the finalists for the Federal Reserve Chairman all seem to be hawkish. Because of that, it’s likely that the market will continue...
The US dollar initially trying to bounce around the 1.25 handle, but eventually saw a massive amount of bullish pressure to reach towards the 1.26 handle. We did break above there, and that is a very bullish...
