The British pound fell against the US dollar during the Monday session, reaching towards the 1.3250 level. This is an area where I would expect to see support though, and on the hourly chart we are starting...
The EUR/USD pair fell initially on Monday, perhaps in response to the referendum in Catalonia for independence. Spain is going to continue to be an issue, because the scene there is getting ugly. The fact that we...
The Australian dollar fell initially on Monday, reaching below the 0.78 level momentarily, before bouncing. This is an area that begins a significant amount of support extending down to the 0.7750 level, so I do expect a...
The US dollar continues to bounce around against the Japanese yen, using the 112.50 level is a bit of a fulcrum. I believe that the market is trying to build a momentum, but we may get a...
The US dollar rallied against the Canadian dollar on Friday, as we continue to pound towards the 1.25 handle. This is an area that’s offered a significant amount of resistance though, so I think this market is...
The British pound fell during Friday trading, reaching towards the 1.3350 level before bouncing. However, it looks as if it is going to sell off further into the US session, perhaps reaching towards the 1.33 level. I...
The EUR/USD pair had a positive session on Friday, reaching towards the 1.1835 level, before pulling back slightly. However, as the American traders came back on board, they started to buy the pair again, and I believe...
The Australian dollar slid down to lower levels during Friday, but it seems as if the Americans are willing to pick up the Aussie near the 0.78 handle, which is the beginning of significant support based upon...
The US dollar initially rallied against the Japanese yen, but found a bit of trouble at the 113.25 level. Because of this, it looks likely that we are going to continue to churn in this area, but...
The US dollar initially tried to rally against the Canadian dollar, but has found the 1.25 level to be resistive. I think it’s pretty simple from this point, if we can break above the 1.25 level on...
