The GBP/USD pair initially fell during the day on Thursday, reaching down towards the 1.3350 level. However, we turned around to bounce significantly, only to see resistance at the 1.3450 level. I think this market continues to...
The EUR/USD pair initially fell on Thursday, but found enough support near the 1.1725 level to turn around and bounce. We had formed a “W pattern” on the hourly chart, and it looks as if the buyers...
The Australian dollar fell rather precipitously during the day on Thursday, testing the 0.78 level underneath. This market offered a bit of support in that area, and it looks likely that we will bounce from here. I...
The USD/JPY pair continues to be volatile, as we had initially rallied during the day on Wednesday, but found the 113.25 level to be a bit too resistive. We have pulled back a bit, but I think...
The US dollar had a very volatile session against the Canadian dollar as it was suggested by members of the Bank of Canada that they would be cautious about raising rates, and perhaps the Canadian dollar gained...
The British pound fell significantly during the session on Wednesday, as we continue to bounce around at low levels, especially near the 1.34 level. At this point, the market looks likely to continue to drop from here,...
The EUR/USD pair fell during the course of the session, as we are now cleanly below the 1.18 level. We did bounce a little bit though, and it looks as if we make it a selling opportunity...
The Australian dollar has been very volatile during the trading session on Wednesday, as we continue to bounce around overall. The market looks susceptible to selloffs, so I suspect that any rally will end up being an...
The US dollar rallied during the session on Tuesday, breaking above the 112 level against the Japanese yen. This is an area that continues to attract a lot of attention, and I think it’s only a matter...
The US dollar rallied against most currencies during the session on Tuesday, and the Canadian dollar was no different. We are pressing the 1.24 level, an area that is resistive, and is also the scene of a...
