The British pound rallied during the day after initially falling on Friday, as we had first tested the 1.31 handle for support, founded, and then rallied towards the 1.32 handle above. I believe that the 1.3250 level...
The EUR/USD pair broke down significantly during the day on Friday, driving down towards the 1.1775 handle. The US looks likely to have a reasonably hawkish Federal Reserve Chairman going into the future, and it makes sense...
The Australian dollar got hammered during the Friday trading session, dropping almost immediately, rallying a bit, and then breaking down again as the Americans came on board. Most of this would’ve been due to the finalists in...
The USD/JPY pair shot higher during the day on Wednesday, using the 112 level as support. With the impulsive move, I think that the US dollar is ready to continue to go higher, and that this move...
The US dollar initially tried to rally on Wednesday, bouncing from the 1.25 level. However, we turned around and fell rather significantly, perhaps helped by a stronger than anticipated drop in US inventories in the crude oil...
The GBP/USD pair fell initially during the trading session on Wednesday, slicing through the 1.3175 level, but has found a bit of support. Because of this, I think we are going to bounce and go looking towards...
The EUR/USD pair fell on Wednesday, reaching down towards the 1.1740 level, then bouncing enough to form what looks to be a hammer for the day. If we can break out to the upside, and especially the...
The Australian dollar initially fell during the day on Wednesday, testing the 0.7820 level again as we did on Tuesday. This is an area where buyers are starting to come back into the market at, but I...
The US dollar initially tried to rally against the Japanese yen on Monday, after gapping a bit lower. We broke above the 112 level, but then turned back around to fall to the lows again. However, I...
The US dollar initially went sideways against the Canadian dollar on Monday, but then shot through the 1.25 handle. Ultimately, the markets did show a lot of volatility later in the day, but what I find interesting...
